The Basker 6 ST1 well last night conducted its third and final...

The Basker 6 ST1 well last night conducted its third and final
production test over zone 2 and 7 with "outstanding results". The well
flowed at a stable rate of 4800 bpd at a gas-oil ratio (GOR) of 1060
scf/bbl, and zero water.
This concludes testing over three zones at an aggregate oil rate
of in excess of nearly 13,000 bpd and average gas rates far more
favorable than expected. The well's production rates are far higher than
the Joint Venture expected and have supported the existence of the
significant south eastern extension to the Basker field with field-wide
reservoir sands Moreover the lower GORs will enable the total oil rate
to be substantially higher from the gas-constrained Crystal Ocean FPSO
facility, once the well is connected via its 5500m flow-line in July.
The Ocean Patriot drilling rig is now conducting well suspension
activities.
The participants in the Basker-Manta Joint Venture are:
Anzon Australia Limited 40% (Operator)
Beach Petroleum Limited 30%
CIECO Exploration and Production (Australia) Pty Ltd 20%
Sojitz Energy Australia Pty Ltd 10%.