Stratic Trims 2009 Gross Production Estimate for West Don

West Don Field
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At Petrofac's West Don field, Stratic now considers that 2009 gross production from the field will be approximately 1.75 million barrels of oil (mmbbls) (Stratic share: 0.30 mmbbls), compared with its previous estimate of 2.1 mmbbls (Stratic share: 0.36 mmbbls). The reduction reflects continuing gas lift and water injection performance below expectation. Work is well underway on the export pipeline tie-back to the Thistle facilities, with completion on-track for February 2010.

Stratic plans to provide a further update on West Don production and reserves in the Company's third quarter interim results, to be released in late November 2009.


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