You are right the Jan. 2013 prod results are bad.  Worse IMO is that management didn't put out an explanation in the footnotes as to why they were down and if the problem had been corrected.  Simply putting out a bad number without any explanation is poor disclosure. There are ways they can get back on guidance one of which is to produce ~325,000 in February and 332,000 bopd in January.  Obviously those are much bigger numbers but volumes they have achieved in the past.  Perhaps they feel confident they are going to be back on target and that is why no additional disclosure.  No excuse, imo they should provide the rest of they story.

Yes the  price is much better than budgeted, probably almost 20% so far and therefore is more than sufficient to hit the financial results.  What we are all focused on is operational results, something within management control.