EEN - Undervalued & Oversold

DFGO: my understanding (from the horse's mouth) is that *if* Aureliano-1 is a success, Emerald will probably restrict its flow to something like 2000 to 2500 bopd because they most certainly don't want a dose of Harken's medicine (an excess of mineral water!). Taken together with Emerald's recent throwaway comment about possible additional Aureliano wells, my guess is that a good result at A-1 would potentially raise Colombian output to c. 10,000 bopd by end-2007 (once another two wells are drilled, they're relatively shallow). bob

imho DYOR etc