I think production guidance for 2013 will be between 6,500 to 7,500 boepd. Of course an acquisition will increase this number. We had a lot of maintenance issues last year so hopefully those are behind us.
If Iain is getting out bid on some of these deals that's okay by me. He knows the numbers better than any of us and it is only a matter of time before he bags the right deal for the company. Ithaca is in a real good space and there is no need to mess that up by over paying for an asset. Our day is coming sooner that you think.
Not every deal that is out there would interest Ithaca in the first place. Take your time and do it right. Iain wants instant production, good reserves and most likely tax allowances.
I think Stella will be online by May, June of 2014. Remember, this is no small feat by any means. Like I said before we will most likely never see 1st oil from Stella as this company will be long gone by then.