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  Projections on BP's 2007 Prudhoe Bay Production?
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svester  
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(1 user)  More options Feb 20 2007, 8:44 pm
From: "svester" <rkim12...@gmail.com>
Date: Wed, 21 Feb 2007 01:44:41 -0000
Local: Tues, Feb 20 2007 8:44 pm
Subject: Projections on BP's 2007 Prudhoe Bay Production?
Anyone hear what the avg daily production will be for BP's Prudhoe Bay
share?  How much under 90,000 barrels a day?

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poc...@earthlink.net  
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(1 user)  More options Feb 21 2007, 3:44 am
From: poc...@earthlink.net
Date: Wed, 21 Feb 2007 00:44:17 -0800
Local: Wed, Feb 21 2007 3:44 am
Subject: Re: Projections on BP's 2007 Prudhoe Bay Production?
Hi. Speaking as a shell shocked owner of BPT it is a matter of
considerable interest and it should be easier to figure out. If
someone knows what the over all production for the Unit is then it
would be easy to multiply the unit production times BP's share. I
believe the Unit produces about 400,000 BOPD and BP's share is about
25%. What put the stock into a tail spin is that BP (I think) wrote a
letter to BPT saying that their share of Prudhoe Bay was likely to dip
below 90,000 BOPD. However, I read somewhere that what BP was saying
was that the drop in production was at least in part due to replacing
aging pipelines, if that is so, then once the pipelines are replaced
then the production should resume, if so, the $16 drop in the price of
the stock seems very over done. Would be interested in any sources of
information on this that anyone out there has!


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rag...@gmail.com  
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 More options Feb 21 2007, 9:33 am
From: rag...@gmail.com
Date: Wed, 21 Feb 2007 14:33:02 -0000
Local: Wed, Feb 21 2007 9:33 am
Subject: Re: Projections on BP's 2007 Prudhoe Bay Production?
90,000 - 10,000 = 80,000

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