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Revus Energy (OSL:REVUS) Net Revus production for 3rd quarter 2008 was 6039 boepd which is 14% below the company's guiding for the quarter. The shortfall is mostly due to a longer revision stop and slower production build-up than planned on the Murchison field plus the Broom field not meeting Revus' expectations of production level after the revision stop earlier this summer. Given the third quarter production performance and expectations for the rest of the year, the company's estimate for total average daily production for 2008 will be 6000 boepd net Revus, which is 6% below the previous guiding at 6400 boepd.
Average production for the last two weeks has been 6450 boepd.
The following volumes of UK production have been sold forward at $95.43/bbl
