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Miller Energy Resources, Inc. Message Board

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  • olejos olejos Mar 8, 2012 10:11 AM Flag

    January 2012 Production

    RU-1 in Alaska experienced a pump failure in late September that resulted in the well going offline, which led to lower oil production and revenues than we initially forecast,” continued Mr. Boruff. “RU-1 went online in March of 2011 and it initially flow tested at 350 barrels of oil a day. We elected to delay the repair of RU-1 until Rig 35 is operational and can expedite and improve the repair process. As a result, we expect that RU-1 will be brought back online during the fourth quarter of fiscal 2012.”

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