I’ve talked to my family there, and they say that she is doing surprisingly well. The shark grabbed her and dragged her under, but she fought him off and got back to the surface. She was airlifted to a local hospital where they performed emergency surgery.
She has a number of deep puncture wounds to her leg (to the bone), and some of the muscle was taken, but a major artery was missed, and she is out of the first surgery. They are going to give her time to stabilize, and perhaps go back in surgically to make sure that everything is neatly patched up. She should be back to surfing in a few months, if she manages to take it easy and let things heal up. And to think, Mom was worried about body piercing before!
Update: Here’s a press conference video with her doctor, boyfriend, and fellow surfer. The doctors played the Beach Boys while they operated on her.