Production recommenced December 5th from three of the four wells at Vermilion 258 and is now at pre-Rita production levels.
Current gross flow rates from the three wells are 17.5 million cubic feet per day (MMcf/d), essentially the same as it was prior to Hurricane Rita. These rates should improve as the fourth well is brought on-line and compression facilities are commissioned. The compressor was installed but not brought on line just prior to the Hurricane.
Current natural gas prices are in excess of US$13 per thousand cubic feet (Mcf).
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