SAE salinas energy limited

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    Salinas succesfully tests Lombardi 1-27
    12:16, Friday, 15 December 2006

    Sydney - Friday - December 15: (RWE Aust Business News) - Salinas
    Energy (ASX:SAE) reports the Lombardi 1-27 development well has been
    producing oil consistently at over 110 bopd in trial production testing.
    It was drilled in the southern part of the North San Ardo oil
    field, California, and encountered an 80 foot oil column in a "excellent
    quality" sandstone reservoir below 2,080 feet.
    "The North San Ardo project is steadily moving to the point where
    we will be able to book reserves and generate substantial oil production
    and cashflow," managing director John Begg said.
    Salinas shares were up 1.5c to 34c.

 
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