2nd Jul 2020 14:21
Reabold Resources PLC - investment company focused on oil & gas projects - Flow test results of Iecea Mica-1 well located in Romania potentially indicate mud filtrate build-up around the well bore resulting in reservoir fluids being blocked due to mud ingress into the reservoir and the build-up of non-permeable filtrate from drilling mud. Following further diagnostic work, acidization of the well may be required to enhance flow of the well. Work programme at the well being carried out by Danube Petroleum Ltd. ADX Energy Ltd is the operator of the well. Reabold holds a 51% interest in Danube.
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By Evelina Grecenko; [email protected]
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