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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Enwell Energy Plc | LSE:ENW | London | Ordinary Share | GB0031775819 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.225 | -1.18% | 18.825 | 18.50 | 19.15 | 19.60 | 18.55 | 19.50 | 112,033 | 16:35:26 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 133.38M | 60.18M | 0.1877 | 0.99 | 59.48M |
From May 2019 to May 2024
TIDMRPT
RNS Number : 8919F
Regal Petroleum PLC
23 May 2017
23 May 2017
Regal Petroleum plc
("Regal" or the "Company")
MEX-109 Well Initial Testing Results
Regal Petroleum plc (AIM: RPT), the AIM-quoted oil and gas exploration and production group, announces the initial testing results of the MEX-109 well located at its Mekhediviska-Golotvshinska (MEX-GOL) gas and condensate field in Ukraine.
The MEX-109 well was spudded in July 2016 and drilled to a depth of 4,873 metres. The well had an original target depth of 5,250 metres but, due to some mechanical issues, further drilling activities were curtailed once the primary reservoir targets were accessible.
One interval, at a drilled depth of 4,802 - 4,808 metres, within the B-20 Visean reservoirs ("B-sands") was perforated, and short-term initial flow testing was undertaken using a test separator through a 7 mm choke. During this initial testing, the well produced at a rate of approximately 85,000 m(3) /d of gas and 40 m(3) /d of condensate (778 boepd in aggregate).
It is now intended to hook up the well to the gas processing facility and thereafter undertake production testing.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Hot Features
Premium
Regal Petroleum plc Tel: 020 3427
3550
Keith Henry, Chairman
Sergei Glazunov, Financial
Director
Strand Hanson Limited Tel: 020 7409
3494
Rory Murphy / Richard Tulloch
Citigate Dewe Rogerson Tel: 020 7638
9571
Martin Jackson / Louise Mason
/ Shabnam Bashir
Philip Frank, PhD Geology, Chartered Geologist, FGS, PESGB, consultant to the Company, has reviewed and approved the technical information contained within this press release in his capacity as a qualified person, as required under the AIM Rules.
Definitions
boepd barrels of oil equivalent
per day
m(3) cubic metres per day
/d
mm millimetre
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCQLLFLDEFXBBZ
(END) Dow Jones Newswires
May 23, 2017 02:00 ET (06:00 GMT)
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