The East Tegen-2 well encountered oil over the same zone as East Tegen-1 and is expected to produce at similar rates. A considerable amount of natural gas has built up behind the casing in the East Tegen-2 well, and the Company is awaiting local governmental approval to flare the gas before production testing can be completed.
A pump has been installed on the East Tegen-1 discovery well, in preparation for long-term commercial production of the well. The East Tegen-1 tested at rates of over 600 barrels of oil per day, and is expected to produce on a sustainable basis at between 200 to 250 barrels per day with the assistance of the pump.
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