Iona Energy Inc. has previously announced that Huntington production was expected to be shut down from 30th October 2014 until 5th December 2014 to coincide with the scheduled maintenance shutdown of the Central Area Transmission System (CATS) riser platform.
CATS is the third party infrastructure used to offtake gas from the Huntington field. Iona has been informed by the operator of the Huntington field that a problem has occurred with a third party field exporting gas within the CATS pipeline.
The exact nature of the incident is currently unknown. As a result of this field incident, Huntington gas export will be reduced until October 18th and is then likely to be shut in from October 18th until the end of the planned shut down on December 5th. This restriction will allow Huntington to produce up to approximately 2,500 boe/d net to Iona up until October 18th.