DOR
Under most peoples radar here with Doriemus's stake in the Weald Basin / UK (
Production wells coming online in 2019)
Excellent Oil Flow Rates and Sales from Horse Hill Horse Hill-1 (“HH-1”
Portland and Kimmeridge oil discovery, Weald Basin, UK
Highlights of 2018 Horse Hill -1 Extended Well Test Milestones to date:
• Approximately US$1.1 million gross 2018 HH-1 oil sales achieved to date from the KL3 and Portland (this figure excludes the KL4 oil reservoir, which will be tested shortly).
• 13,920 bbl (2.21 million litres) total KL3 and Portland production as of 07:00 14 November.
• 10,248 bbl (1.63 million litres) of 40° API produced solely from the KL3 as of 07:00 14 November.
• Total KL3 gas production to date is 3.5 million cubic feet (“cu ft”
.
• 15,860 bbl (2.52 million litres) aggregate total oil production to date from the 2016 and 2018 tests.
David Lenigas, Doriemus’s Executive Chairman, commented:
"Following on from the very successful Portland sandstone reservoir flow testing on the HH-1 well announced a month ago, the HH-1 Kimmeridge limestone oil flow testing continues to provide excellent results. The 2018 EWT’s total test production of almost 14,000 barrels of oil, with over 10,000 barrels to date from the single Kimmeridge KL3 horizon alone, firmly establishes Horse Hill as a commercially viable oil field. These “hard fact” production numbers, together with about US$1.1million of sales revenues to date, undoubtedly marks a very significant milestone for Doriemus. The Horse Hill partners will spare no effort to push towards full time production. We now look forward to the forthcoming KL4 EWT programme and the prospect of KL3 and KL4 commingled test production that will take us up to the spud of the HH-2 and HH-1z production wells in 2019.”
http://www.aspecthuntley.com.au/doc...lc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYXllZC5qc3A=
