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Antrim Energy Says Production To Rise At Causeway Field

Fri, 25th Oct 2013 07:22

LONDON (Alliance News) - Antrim Energy Inc. Friday said routine maintenance of its North Cormorant Platform has been completed and oil production from its Cormorant East and Causeway fields have resumed, with the startup of electrical submersible pumps and water injection set to boost production at Causeway.

Antrim Energy shares were up 31.7% at 8.23 pence early Friday, the biggest rise on AIM.

By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.

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