PA Resources Brings Didon-5 Onstream

Didon Field
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PA Resources AB has now achieved completion and start-up of the new platform on the Didon-field, offshore Tunisia. It is currently producing approximately 8,500 barrels of oil per day entirely from the new platform well Didon-5. Current production is limited by the existing export system, but a gradual build up of the production will take place, to achieve the company's target of 20,000 barrels of oil per day.

PA Resources AB has now completed the hook-up and commissioning of the Didon platform and has achieved start-up with the newly completed platform well Didon-5. The platform is currently producing approximately 8,500 barrels of oil per day from the new well. The production is today limited by the existing export system from the platform to the ship Didon FPSO, but a gradual build up of production from the wells will take place, when the new, upgraded export system is completed. The well Didon-5 has an expected production capacity of more than 12,000 barrels of oil per day. The existing sub sea wells Didon-3 and Didon-4 will be put on production when the new export system is in operation. A gradual build-up of the production from the platform will be executed in order to achieve the company's target of 20,000 barrels of oil per day.

Another new production well, Didon-6, is currently being drilled and the well has now reached a measured depth of 2,000 meters out of an expected total length of nearly 5,000 meters including the horizontal section. The progress is very good and the company is now ahead of schedule. When the target depth has been reached, a pilot hole is planned to be drilled in order to collect necessary geological and reservoir data before the horizontal section of the well is drilled.

Following the completion of Didon-6, the drilling of the Elyssa sidetrack well is planned to recommence in February.

We are very pleased with the start-up of the Didon platform and the achievement of first oil from the Didon-5. The start-up has been executed in a professional manner by our team and in particular the team offshore in Tunisia. The platform and the Didon-5 well will significantly increase the total production on the Didon field, says Ulrik Jansson, President and CEO of PA Resources AB.

PA Resources is operator and has a working interest of 100 percent in the Didon field.

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