Business
Wressle Update - Community Liaison Group Meeting
Wressle Update - Community Liaison Group Meeting.
About this update from Europa Oil & Gas (holdings) Plc
[{"type":"text","content":"\n \n \n \n \n \n \n Europa Oil & Gas (Holdings) plc / Index: AIM / Epic: EOG / Sector: Oil & Gas\n \n \n \n \n \n \n 16 March 2023\n \n \n \n \n \n \n \n \n Europa Oil & Gas (Holdings) plc\n \n \n \n \n (\"Europa\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n Wressle Update - Community Liaison Group Meeting\n \n \n \n \n \n \n Europa Oil & Gas (Holdings) plc, the AIM quoted UK and Ireland focused oil and gas exploration, development and production company, notes the Wressle operational update published today by Egdon Resources plc (\"Egdon\"), the operator of the Wressle licence, following the Community Liaison Group (\"CLG\") meeting held during the evening of 15 March 2023.\n \n \n \n \n \n At the meeting Egdon shared the following information with members of the CLG.\n \n \n \n \n \n \n Operations\n \n \n \n ·\n The Wressle-1 well has continued to flow oil and associated gas at production rates above forecast expectations made ahead of the successful Proppant Squeeze operation, conducted in August 2021\n \n \n ·\n Total production from Wressle has now exceeded 390,000 barrels of oil\n \n \n ·\n No water has been produced to date\n \n \n ·\n Three microturbines were connected during January and February and are now fully operational\n \n \n ·\n An extended period of fine tuning and testing of the microturbines to determine the impact on production is currently ongoing\n \n \n ·\n The Environment Agency continues to monitor Egdon's production operation through regular visits to the Wressle site, the most recent being on 22 February 2023, with no issues identified by the Regulator\n \n \n ·\n There have been no accidents or spillages since the start of production on the Wressle site in January 2021\n \n \n ·\n Groundwater and surface water monitoring has continued and latest results up to end December 2022 have been published on the newly revamped community website www.egdon-community.com/active-sites\n \n \n \n \n \n \n Forward Plan\n \n \n \n ·\n During the second half of 2022 Egdon reprocessed the 3D seismic data over the field\n \n \n ·\n The new data has been interpreted and mapped with the objective of identifying reservoir targets for drilling an additional well or wells at the earliest opportunity, subject to receipt of regulatory approval\n \n \n ·\n T...