All currency figures in US$ terms; all production figures are on a ‘net of royalties’ basis, unless otherwise noted. Production from ECA’s four strategic plays averaged 257 mboe/d for July & August, well ahead of our prior 3Q15e forecast of 241 mboe/d and the 2Q15 average of 223 mboe/d. With Permian production having averaged 45 mboe/d over that timeframe, and Management previously disclosing that volumes in late July were ~40 mboe/d, this likely implies that more recent Permian volumes are near ....
