Very busy 12 months ahead16 May 2019 07:45
Very busy 12 months ahead. How big will this pie be in May 2020?
Over the next 12 months, the Company intends to carry out the following works in West Rustavi:
Drill up to four horizontal sidetracks to scale up production and fund future capital programmes.
Expand production facilities to increase capacity to 4,000 - 5,000 bbl/d.
Acquire 3D seismic to provide critical understanding of subsurface.
Appraise two existing gas discoveries.
Drill one new well targeting gross contingent 2C gas resource of 608 BCF.