Drilling results look good
Todays news release reviews the results of the end of the year results. Results look good, only tatum dome seems to be a disappointment but still being completed as a probable producer. No dry-holes reported, two of the wells that were scheduled to TD at the end of last year are still drilling.
Production guidance for 1st half of 2004 about 15% above 1st half of 2003 but only modestly above 4Q. Most of these recent discovery will not be producing until 2Q or later.
http://biz.yahoo.com/prnews/040114/daw043_1.html