Full operational update here
HIGHLIGHTS:
• Imperial has achieved its year end production target of 10,000 bopd - currently producing at a rate of 10,000 bopd which continues to increase.
• Tie-in to Transneft national pipeline at Luginetskoye completed and set to be fully commissioned by end of week.
• New South Maiskaya 3 exploration well successfully identifies potentially significant oil bearing structure• Production and Exploration drilling ahead of schedule
• Construction of new 152 km pipeline east of Ob River linking Imperial’s interests in that part of the Tomsk region to Imperial’s Zavyalovo tie-in facility running ahead of schedule with over 130 kms of pipe already welded and laying expected to commence this month with completion projected by end Spring 2008
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