Shadyside # 1 is ready to be production tested during the first half of November. Century has increased its working interest to 15.17% (ACP) and Neumin Production Company has been designated as operator. A successful production test would allow the Company to achieve early product sales via a nearby pipeline connection.
Century has increased its working interest to 5.44% in the pre-Frio geologic section of the Thunder Stud's EW Brown # 1. The Company expects the well to be tested during November and will provide additional updates once available.
"The fourth quarter of 2007 is proving to be an exciting one for Century. Thunder Stud and Shadyside Farm are nearing the production test stage and a successful test on either of these high impact projects would provide Century with an important reserve base. At Century, we are very pleased to have been able to increase our working interest in both of these major projects," said James Hersch, CEO of Century Petroleum.
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