RE:RE:SELLING OILFirebird4 wrote: I can confirm 99's post. According to EW , they have trucked 7000bbl from the E! test to be sold to Shell, and E1 went into permanent production today. The other wells are still undergoing tests. GLTA
From Dec. 5th press release:
Cheal E Update The Company has been informed by TAG that the Cheal-E4 well located in the Cheal North permit (PEP 54877) has reached a total depth of 2,235 meters, and that operations were completed on time and on budget. The Cheal-E5 well was immediately spudded by the Nova-1 drilling rig with the expectation of reaching total depth by mid-December.
In addition TAG has informed the Company that the Cheal-E1 well is expected to be placed back on production on December 9, 2013 after being temporarily shut-in for planned pressure and temperature analysis and that similar testing operations on Cheal-E2 through to Cheal-E5 will continue over the next two months with all successful wells expected to be placed on production throughout December and January.
Initial oil produced during the Cheal-E1 test has been delivered to New Plymouth for subsequent sale and eventual export.