InterOil Completes 4 Colombian Wells in Fracking Program
InterOil Exploration and Production ASA
|Tuesday, July 08, 2008
InterOil has now completed 4 wells in the Company's fracking program with an overall increase of 50% from previous production. The total from the 4 wells is 1 353 bopd. The previous total production was 876 bopd.
InterOil's working interest production from the 4 wells is 886 bopd. The Company will continue with its fracking until it has completed the planned 10 wells.
InterOil is just completing the first new well this year in Mana (Mana 16), with very good oil shows throughout the reservoir. The Company will test the well within 7-10 days.
"We are very pleased with both the fracking campaign and the results from the new well. Mana 16 is located in the southern part of the Toqui Toqui field and opens up the possibility of many additional production wells in this area if a successful production test is achieved," said Nils N. Trulsvik, CEO of InterOil E & P ASA.
Company: Interoil Exploration & Production ASA more info
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