Correction to MOL Buys Offshore UK Upstream Assets Story
December 13 2013 - 6:47AM
Dow Jones News
"MOL: New Assets' Peak 16M-18M Boepd Production in 2018, 2019 at
0750 GMT and "MOL Buys Offshore UK Upstream Assets from Wintershall
for $375M," at 0830 GMT misstated the output in barrels a day in
the headline and in the fifth paragraph. Oil production from the
Broom area will contribute roughly 1,000 barrels of oil equivalent
a day to MOL in 2014 while the acquired portfolio could contribute
6,000 barrels a day in 2015. The combined peak production of the
assets is expected to reach 16,000 to 18,000 barrels a day in 2018
and have peak production through 2019, MOL added.
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