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MEX-109 Well Initial Testing Results
MEX-109 Well Initial Testing Results.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n \nRNS Number : 8919F Regal Petroleum PLC 23 May 2017 \n\n \n23 May 2017\n \nRegal Petroleum plc\n(\"Regal\" or the \"Company\")\n \nMEX-109 Well Initial Testing Results\n \nRegal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, announces the initial testing results of the MEX-109 well located at its Mekhediviska-Golotvshinska (MEX-GOL) gas and condensate field in Ukraine.\n \nThe MEX-109 well was spudded in July 2016 and drilled to a depth of 4,873 metres. The well had an original target depth of 5,250 metres but, due to some mechanical issues, further drilling activities were curtailed once the primary reservoir targets were accessible.\n \nOne interval, at a drilled depth of 4,802 - 4,808 metres, within the B-20 Visean reservoirs (\"B-sands\") was perforated, and short-term initial flow testing was undertaken using a test separator through a 7 mm choke. During this initial testing, the well produced at a rate of approximately 85,000 m3/d of gas and 40 m3/d of condensate (778 boepd in aggregate).\n \nIt is now intended to hook up the well to the gas processing facility and thereafter undertake production testing.\n \nThis announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.\n \n \nFor further information, please contact:\n \n\n\n\n\nRegal Petroleum plc\n\n\nTel: 020 3427 3550 \n\n\n\n\nKeith Henry, Chairman\nSergei Glazunov, Financial Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nStrand Hanson Limited\n\n\nTel: 020 7409 3494\n\n\n\n\nRory Murphy / Richard Tulloch\n\n\n \n\n\n\n\n \n\n\n \n\n\n\n\nCitigate Dewe Rogerson\n\n\nTel: 020 7638 9571\n\n\n\n\nMartin Jackson / Louise Mason / Shabnam Bashir\n\n\n \n\n\n\n\n \n \nPhilip Frank, PhD Geology, Chartered Geologist, FGS, PESGB, consultant to the Company, has reviewed and approved the technical information contained within this press release in his capacity as a qualified person, as required under the AIM Rules.\n \n \n\n\n\n\nDefinitions\n \n\n\n\n\nboepd\n\n\nbarrels of oil equivalent per day\n\n\n\n\nm3/d\n\n\ncubic metres per day\n\n\n\n\nmm\n\n\nmillimetre\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ...