AZA Basker 6 Well - Update
April 18 2008 - 4:34AM
UK Regulatory
RNS Number:6306S
Anzon Energy Limited
18 April 2008
ANZON ENERGY LIMITED (CODE: AEL)
18 April 2008
ANZON ENERGY LIMITED ANNOUNCES THAT ITS SUBSIDIARY
ANZON AUSTRALIA LIMITED (ASX CODE: AZA) HAS TODAY MADE
THE FOLLOWING ASX ANNOUNCEMENT
BASKER 6 ST1 WELL - WEEKLY PROGRESS REPORT
The Basker 6 ST1 well, is presently being drilled using the semi-submersible
rig, the Ocean Patriot, and current operations are the running and cementing of
9 5/8 inch production casing. This weekend it is planned to perforate the oil
sands, complete and clean up the well prior to suspending in readiness for
connection to the producing facilities, Crystal Ocean FPSO, in June/July.
Production is expected to commence in mid July 2008.
The participants in the Basker-Manta Joint Venture are:
Anzon Australia Limited 40% (Operator)
Beach Petroleum Limited 40% *
CIECO Exploration and Production (Australia) Pty Ltd 20%
* Beach Petroleum Ltd. has entered into an arrangement to sell a 10% equity
stake to Sojitz Energy Australia Pty Ltd. Beach Petroleum's equity in the BMG
project will be 30% after the completion of this transaction.
FOR FURTHER INFORMATION PLEASE CONTACT:
Anzon Energy Limited: Mr Tony Strasser +61 2 9922 7899
Grant Thornton Corporate Finance: Fiona Owen +44 20 7383 5100
This information is provided by RNS
The company news service from the London Stock Exchange
END
DRLFKFKNFBKKNQD
Anzon Energy (LSE:AEL)
Historical Stock Chart
From Nov 2024 to Dec 2024
Anzon Energy (LSE:AEL)
Historical Stock Chart
From Dec 2023 to Dec 2024