Q3 Production In Parex's NR yesterday:
Las Maracas : "as Maracas (Block Los Ocarros, WI 50%): The oil treatment plant has been commissioned. Parex expects initial total field production between 10,500-11,000 bopd for the balance of 2013 and will re-evaluate production targets based on well performance and results of future appraisal/development drilling".
La Casona : "a Casona (Block El Eden, WI 60%): On May 30, 2013 the La Casona-2 well was spud and is currently drilling at approximately 11,150 feet. The target depth of the well is 16,500 feet approximately 700 meters northeast of La Casona-1 to further evaluate the Une, Gacheta and Mirador (untested in Las Casona-1) formations. The construction of the long-term test facility at La Casona-1 is ongoing and we expect that the La Casona-1 well will be placed on production towards the end of the third quarter of this year".
When you add 225 BOPD from Balay plus 500 BOPD from La Casona-1 and 5,000 BOPD from Las Maracas we should conservatively be close to 6,000 BOPD. This does not take into account La Casona-2 and Curiara-1 or any additional LM wells.