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clock Created with Sketch. 21/02/18
10:03
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Originally posted by bevter
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Highlights: • The Company’s average net oil production for January 2018 was 777 barrels of oil per day (“bopd”). This is an increase of 23% on the production for the quarter ended 31 December 2017; • Trinidad work plan for 2018 comprises: Integration of the oilfield business and securing third-party contracts; Completing work to increase the water injection rate at the SE waterflood project to a rate of at least 1,500 barrels of water per day (“bwpd”); Drilling a minimum of two new development wells at the Beach Marcelle and Morne Diablo fields; Up to 30 heavy workovers; and Obtaining approvals for the next waterflood projects.
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Nothing wrong with this announcement!! These guys are delivering to promise.
