NEWS: KARL-101 OPERATIONS UPDATEhttps://www.newsweb.no/newsweb/search.do?messageId=313174
Calgary, Canada: - Transeuro Energy Corp. ("Transeuro" or the "Company") announces that the Company has secured approval from its government partner for the follow on operations programme on the Karl-101 well and has mobilised equipment to arrive on location in approximately 2 weeks. Following the previous announcement on 24th July the government partner to the Joint Activity Agreement for the Karlavskoye field requested a series of technical meetings that subsequently resulted in a review of the operations conducted on the Karl-101 well to date and the equipment and methods used for the multi-stage fracturing and then on the description of the Cenomanian reservoirs derived from the data. The main issue was the unsuccessful attempts to close the C13 frackport to shut off water production of up to 1500 barrels per day and to prevent cross flow between the open intervals. The partners have now concluded the reviews and have agreed the programme to restart well operations that will include restoring gas production from the C16 interval that was previously recorded at a non stabilised rate of around 50,000m3/day and further attempts to close the C13 frackport.__________________Cheers and have a good day,Neo