Xcite Energy All Smiles over Bentley Flow Test

Xcite Energy Limited announced that the pre-production flow test is progressing well, with the planned shut-in period and pressure build-up test having been commenced on July 11 following the initial, successful, clean-up and first oil flow on July 9. This planned shut-in
period and pressure build-up test is designed to obtain key information about the Bentley reservoir and the mobility of its fluids for use in
interpreting the subsequent flow data and for planning the next step of the Bentley field development. Following this build-up test, the flow
test will continue as planned.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
Adrian Peters | Jul. 17, 2012
Great news that the oil was flowing on the 9th July when they did their first test. Huge potential and upside can only come from this given its previous flow in December 2010 when the temperature and conditions were less sympathetic! This makes for a very attractive buy particularly at the current give away share price (80p).


Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Odessa: Field Engineer - Logging and Perforating
Expertise: Field Development
Location: Odessa, TX
 
Project Procurement & Contracts Advisor (Subsea Equipment)
Expertise: Contracts Engineer|Purchasing|Subsea Engineering
Location: Houston, TX
 
Drilling Engineer II Job
Expertise: Drilling Engineering|Petroleum Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours