If you would like to learn more about future focusIR related events and roundtables, please submit your details here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNUOG.L Regulatory News (NUOG)

  • There is currently no data for NUOG

GHS Operational Update

12 Jan 2012 07:00

RNS Number : 4133V
Enegi Oil PLC
12 January 2012
 



 

ENEGI OIL PLC

AIM ticker: 'ENEG'

OTC ticker: 'EOLPF'

 

12 January 2012

 

Enegi Oil Plc

('Enegi' or 'the Company')

 

Garden Hill South Operational Update

 

 

Further to the release dated the 4 January 2012, Enegi is pleased to announce that Schlumberger has mobilised equipment and personnel to the Garden Hill South ('GHS') property and the next stage of the workover has now commenced with flow tests being conducted and chemically conditioned crude being pumped down the PaP#1-ST#3 well.

Photographs of operations at GHS have been posted on the Company website at www.enegioil.com/operations/image-bank. More will be added as the workover progresses.

As well as facilitating preparation for commercial production, the workover is expected to provide further data that will enable the Company to complete the Development Plan for GHS with the objective being to significantly enhance the ultimate recovery of hydrocarbons from the reservoir.

As outlined in the Company's announcement on 21 December 2011 the workover is expected to consist of a number of tasks, including:

·; Establishing safe injection rates and pressures, by conducting flow tests and by pumping chemically conditioned crude oil down the well;

·; A bullhead acid squeeze on the target formation;

·; Shutting-in the well for a soak period;

·; Flowing the well to recover treatment chemicals;

·; Shutting-in the well until reservoir pressure recovers;

·; Flow testing at low rates for a 30 to 35 day period to evaluate reservoir inflow and recharge rates above bubble point;

·; Shutting-in the well for an extended build up evaluation test.

Updates on the progress of the workover and testing will follow as the programme continues to be implemented.

 

 

Corporate Communications

Enegi is pleased to announce that Chris McGillivray will be working with the Company's corporate communications team. Mr. McGillivray (chris.mcgillivray@enegioil.com) has worked in the financial services industry on the banking side for the past 12 years, with TD Commercial Banking and Canadian Imperial Bank of Commerce Business Banking. As part of our improving corporate communication objectives please see facebook (Enegi Oil PLC) and twitter (@enegioil) links at our website home page www.enegioil.com. The Company will also be updating the photos of operation on a regular basis on the Company website.

 

Alan Minty, CEO of Enegi Oil Plc., commenting on operations:

 

"We are delighted that the next stage of the workover has now commenced. The workover represents a significant step as we work towards establishing full field development programmes for GHS and our other Canadian assets. We believe this program will contribute to the demonstration of commerciality of the GHS discovery, which Hunt Oil in 1995 initially flowed at rates of up to 1,742 bopd and 1,528 bopd from two separate intervals. These are exciting times for the Company as we embark on and benefit from activity on our assets."

 

 

Enegi Oil Tel: + 44 161 817 7460

Alan Minty, CEO

David Parry, Director Tel: + 1 604 568 0733

 

Cenkos Securities Tel: + 44 207 397 8900

Jon Fitzpatrick

Neil McDonald

 

College Hill Tel: + 44 207 457 2020

Nick Elwes

 

www.enegioil.com

 

Qualified Persons

 

The information in this release has been reviewed by Barath Rajgopaul MSc (Mech. Eng.) C. Eng, a member of the Advisory Board of Enegi. Mr. Rajgopaul has over 29 years experience in the petroleum industry.

 

The Company

 

Enegi Oil Plc is an independent oil and gas company. Current operations are focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada and the Clare Basin in County Clare, Ireland. The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDFLFFLFFBBBE
Date   Source Headline
7th Jul 20172:30 pmRNSExercise of Warrants and Total Voting Rights
7th Jul 20172:05 pmRNSSecond Price Monitoring Extn
7th Jul 20172:00 pmRNSPrice Monitoring Extension
3rd Jul 20177:00 amRNSPL2002-01(A) Update and Board Change
22nd Jun 20177:00 amRNSOperations Update
27th Apr 20177:00 amRNSMoU with Calm Oceans Pte
31st Mar 20177:02 amRNSPL2002-01(A) Update
31st Mar 20177:00 amRNSInterim Results
13th Mar 20177:00 amRNSDisclosure re Share Subscription by Directors
28th Feb 20177:00 amRNSShare Subscription by Directors
27th Feb 20177:35 amRNSAward of Options to Directors
13th Feb 20177:00 amRNSCompletion of Due Diligence on EL1070
6th Feb 20177:00 amRNSPlacing and Subscription to raise £2.05 million
31st Jan 20177:00 amRNSProduction Sharing Agreement on PL2002-01(A)
26th Jan 20177:00 amRNSCDPL signs up to secure projects
16th Jan 20174:26 pmRNSResult of AGM
21st Dec 20167:30 amRNSResults for the year ended 30 June 2016
21st Dec 20167:00 amRNSOption Agreement covering 'Deep Rights', EL1070
28th Nov 201612:25 pmRNSHolding(s) in Company
14th Nov 20164:15 pmRNSHolding(s) in Company
8th Nov 201611:45 amRNSHolding(s) in Company
7th Nov 20162:45 pmRNSHolding(s) in Company
7th Nov 20162:00 pmRNSChange of Adviser
31st Oct 20167:00 amRNSHeads of Terms on PL2002-01(A)
25th Oct 20161:41 pmRNSHolding(s) in Company
19th Oct 20161:16 pmRNSHolding(s) in Company
14th Oct 20161:16 pmRNSCompletion of Placing
7th Oct 20161:21 pmRNSHolding(s) in Company
7th Oct 201612:26 pmRNSExercise of Warrants
6th Oct 20162:55 pmRNSPlacing
5th Oct 20163:17 pmRNSAibel Investment in MFDevCo
27th Sep 20164:21 pmRNSHolding(s) in Company
31st Mar 20167:00 amRNSInterim Results
19th Feb 20167:00 amRNSMarginal Field Development Company Ltd Farm-In
27th Jan 20161:29 pmRNSResult of AGM
31st Dec 20151:00 pmRNSPosting of Annual Report and Accounts
31st Dec 20157:00 amRNSResults for the year ended 30 June 2015
10th Dec 20157:00 amRNSChange of Registered Office Address
13th Nov 20157:00 amRNSPlacing
27th Oct 20152:32 pmRNSChange of Name
26th Oct 201512:16 pmRNSResult of General Meeting
20th Oct 20157:00 amRNSDirectorate Change
9th Oct 20154:35 pmRNSPosting of Circular and Notice of General Meeting
21st Sep 20157:00 amRNSAppointment of Joint Broker
31st Jul 20157:00 amRNSIssue of Equity
31st Jul 20157:00 amRNSArup joins the Marginal Field Delivery Consortium
31st Jul 20157:00 amRNSChairman's Update
10th Jun 20157:00 amRNSMarginal Field Initiative Update
1st May 20157:00 amRNSMarginal Field Initiative Update
14th Apr 20157:00 amRNSMarginal Field Initiative Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.