Drilling asd3 well3 May 2023 10:43
day 28/55 half way point could be breaking through anytime soon 55 days to drill and COMPLETE meaning online production?
ASD-3 Well Spud
The ASD-3 development well has now commenced drilling. This well will be drilled approx. 1.2km to the north-west of the ASD-2 well which was drilled in March 2022, and which has recovered circa 400,000 bbls since it came on production just over a year ago. The ASD-3 well has primary targets in the Abu Roash-E ("ARE") and Abu Roash-C ("ARC") reservoirs, as well as secondary objectives in the Lower Bahariya. The well has a prognosed total depth of 3,649 metres, and is expected to take approx. 55 days to drill and complete.
following on from ash8 well success
as5 and aj14 well workovers more production 300 more bopd?
Maria news shortly buy out 2.4/ 5.7 mill?
Jamaica first well collibri drill ready 2.4 billion barrels looking for farmout partner to pay for drilling, free ride uog holders in Q2
· Farm-out campaign for the Walton Morant licence, Jamaica, continues to be a focus with the appointment of Energy Advisors Group ("EAG"), a Houston-based M&A advisory group, targeting US companies and investment funds. Process is ongoing with indicative offers due Q2 2023
Jamaica - focus on accelerating the farm-out process
In the latter part of 2022 United engaged with Energy Advisors Group ("EAG"), a Houston based advisory company to work alongside Envoi. EAG has the potential to open up new pools of interest in North America, and the United team met with a number of potential parties in Houston at the beginning of 2023, to market the Jamaican opportunity. The farm-out of our high impact exploration licence with 2.4 billion barrels of un-risked mean prospective oil resource remains a key focus with a timetable for receipt of indicative offers due in Q2 2023.
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