Somebody help me with this.

ATP management has basically been saying that production will double in 2010. But it looks like this is very conservative based on the information we have.

Here is what we have to go from:

Current production - 105 million cubic feet a day

2009 expected exit rate - 150 million cubic feet a day

Telemark/Titan at full capacity - 180 million cubic feet a day

So versus the current production rate of 105 million we have the exit rate of 150 million cubic feet a day plus the 180 million cubic feet a day from Telemark. Total is 330 million cubic feet a day when the last Telemark well hooked up.

105 current
330 with Telemark on and Q4 work done

More than a triple. No ?

Yes, decline rates in the 150 million exit rate have to be considered, but per the call yesterday they also have drilling planned for Gomez (1 well), Canyon Express and Wenlock in 2010. Those should hold that rate pretty steady.

Is my math wrong ?