26th Nov 2020 12:22
Genel Energy PLC - oil producer with operations in Kurdistan - Reports first oil production at Sarta field, Kurdistan, less than two years after the acquisition of 30% working interest was completed. "Production has begun at Sarta with first oil flowing from the Sarta-3 well into the early production facility. The Sarta-2 workover operation is on track to be completed in December and the well onstream from January. As previously stated, it is expected that a stable production level will be reached in Q1 2021," Genel says. Chief Executive Officer Bill Higgs labels Sarta's oil output as an "important strategic and operational milestone".
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By Eric Cunha; [email protected]
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