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07 February 2007

Hibernia production slowed down

Operators of the Hibernia production platform are doing a scheduled maintenance now, instead of seven months from now when it was originally the planned.

Industry insiders have known for some time that the operators moved up the planned maintenance in the wake of a generator malfunction in January. The decision pre-dates the province's rejection of an application to develop Hibernia South.

Production is expected to be 110,000 barrels per day, down from the 220,000 barrels per day at peak.