(Sharecast News) - Trinidad and Suriname-focussed oil and gas producer Columbus Energy Resources updated the market on the Inniss-Trinity incremental production service contract on Wednesday.
The AIM-traded firm said that, further to its announcement on 5 September, work was continuing with Predator Oil & Gas Holdings to advance the carbon dioxide pilot project on Inniss-Trinity.
It said Columbus and Predator had recently finalised and formally submitted an updated carbon dioxide injection pilot proposal to Heritage for approval, with civil works planned for completion in December.
Predator had ordered a number of long-lead items to begin the carbon dioxide injection pilot by January, it added, with initial results from the pilot expected in the first quarter of 2020.
"Columbus and Predator continue to advance the carbon dioxide pilot project," said Columbus executive chairman Leo Koot.
"We look forward to completing the civil works necessary for carbon dioxide injection in December, and injection in early January."
7 Aug 2020 14:46
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