RE:RE:RE:Q2 resultsLM 11 is included int the "over 6,000 bopd", see Q2 release today.
"With the addition of production from the Las Maracas-11 well, on August 12, 2013, the
Company’s production exceeded 6,000 bopd"
Curiara will be adding to production in Q1. LC will be adding to production in September (maybe both LC 1 and 2). If LC 2 is an "oil only" producer from the Mirador, it will be on stream much quicker.
La Guira is to be drilled immediately following LC2. If successful, this would add production in Q1 at the latest, as it would just tie-back to the LM facility.
Also very good news is the $55M in cash on hand. That's about 30% of the m/c ... PTA is way undervalued IMO, but someone is using this news as a selling opportunity.,