TransGlobe has provided an update on recent drilling activities on its Hana West field (100% working interest) at West Gharib in the Arab Republic of Egypt.
Hana West Field
Hana West #2, the first appraisal well drilled on the new Hana West discovery, has been completed as an oil well in the Asl B zone. The well was placed on production at an initial rate of 1,800 barrels of oil per day ("Bopd") of 27.5 degrees API oil, using a rented high-volume jet pump. Should the jet pump in place at Hana West #2 continue to perform well, the sucker rod pump on Hana #18 could be replaced with a jet pump to obtain a higher production rate. Hana #18 is currently producing at a pump restricted rate of 660 Bopd from the Asl A formation.
The second appraisal well, Hana West #3, was cased as an Asl B oil well. The well will be completed in the Asl B zone, with a pump from inventory. It is expected that Hana West #3 will be on production in approximately two weeks.
Drilling commenced at Hana West #4 on January 18, 2009. Hana West #4 is scheduled to core the Asl A and B formations. The core information will be used to build geo-statistical reservoir simulation models to evaluate secondary recovery potential. It is expected that Hana West #4 test results will be available in three to four weeks.
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