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Zhaikmunai (Kazakhstan) announces results of oil production at well #116 of Chinarevskoye field
/KASE, June 21, 12/ - LLP "Zhaikmunai" (Uralsk), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of June 19, 2012:
quote
Zhaikmunai LP (LSE: ZKM), the oil and gas exploration and production enterprise, is pleased to announce production rates of 945 barrels of crude oil per day from its Well #116 meeting management's expectations. Well #116 is located in the north-eastern part of its Chinarevskoye field in Kazakhstan and is currently characterised as follows:
- Formation: Lower Carboniferous Tournaisian carbonate
- Initial production rates (at average wellhead pressure of 21 bars and at choke size of 26mm):
- Crude oil: 945 barrels of oil per day
- Gas: 65,000 cubic meters per day
unquote
The full press-release is available on KASE website, at:
[2012-06-21]