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| From: JonH🍕 |
When the boat comes in . .
AFENTRA PLC
Operational Update
Successful Pacassa SW Oil Discovery, Impala-1 Restart and Block 3/24 Progress
Afentra plc ('Afentra' or the 'Company') (AIM: AET), an upstream oil and gas company focused on production and development assets in Africa, is pleased to provide an operational update on its offshore Angola portfolio, including the Pacassa SW drilling programme, Impala redevelopment programme and operated activities on Block 3/24.
Highlights
Pacassa SW - Successful oil discovery, net pay 136 metres, reservoir quality supports pre-drill estimate of 5000 bopd (gross)
Impala-1 - Production re-established around ~ 3000 bopd (gross) following light well intervention
Impala- 2 - Rig expected to move to Impala-2 post Pacassa SW, results expected end Q4
Block 3/24 - Innovative operating approach reduces survey cost by around 90%
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| Current Thread | Author | Time | | JonH🍕 | 07:17:24 | | LP12 | 09:56:46 | | JonH🍕 | 10:12:23 | | JonH🍕 | 13:18:44 |
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