Exploration & Production | Key Wells
East West Petroleum Reports Test Well Progress
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East West Petroleum Corp. has provided the following update on its operations in New Zealand and Romania.
TAG Oil Ltd. (TAG) is the operator and co-owner of all of the Company's licenses in New Zealand, while in Romania, Naftna Industrija Srbije (NIS) is the operator of all four of the Company's concessions.
Over a test period of eleven days the Cheal-E6 well continues to naturally free flow under a 16/64 choke at stable rates. During the period, Cheal-E6 produced at an average gross rate of 325 boepd (81% oil) for a total of 3,178 barrels of oil and 4,456 mscf of gas. The well will be shut-in for a planned pressure build-up test up for a period of three days and then will resume ongoing production into the Cheal E-site production facilities.
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