Sidetrack drilling at Opuama-7 Completed

“Elcrest’s on schedule completion of the Opuama-7 sidetrack is an excellent result for the Company, and continues to show the strong planning and operational capability of our team. I look forward to updating the market on what we expect to be a further significant increase to the Opuama production base” “The drilling of Opuama-8 has the potential to add further material production of an initial 5,000 to 7,000 bopd with strong revenues in a short time frame. Following Opuama-8, the OML 40 JV intends to drill a further one or two infill wells on Opuama. Together with our partner NPDC, the Company has tripled production form Opuama in the last 18 months and following a successful Opuama-7 and infill campaign is expected to double production again by the end of Q1 2018. We remain committed to developing OML 40 to its full potential and optimising our attractive acreage position in a capital efficient manner and look forward to the re-entry and completion of Gbetiokun-1 in 2018.” Source / More: Eland Oil & Gas PLC oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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