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Andalas Energy announces operations update

By BFN News | 09:48 AM | Wednesday 18 September, 2019


Andalas Energy and Power Plc announced an operations update on the Betun Selo KSO, in which it has a production interest further to the agreement announced on 21 June 2019. The Company is currently undertaking a 4-well workover programme on the project. Following the workovers of both BTN 01 and BTN 14, produced water rates have increased significantly requiring both wells to be cut back to the current rates until a larger water injection pump (4,500 bfpd), currently being commissioned, is fully operational, which will take the installed water injection pumping capacity from 2,000 bfpd to 6,500 bfpd. Additional tankage is also being sourced. Andalas Energy, CEO, Simon Gorringe said 'We are pleased with progress at Betun Selo. The work programme is delivering results and we look forward to getting on with the workover of BTN 03.' At 9:48am: (LON:ADL) Andalas Energy Power PLC share price was 0p at 0.16p Story provided by StockMarketWire.com

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