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IN BRIEF: San Leon Energy reports development progress at Oza oil field

9th Apr 2021 15:58

San Leon Energy PLC - oil & gas production firm - Notes that drilling rig for re-entry and testing operations at Oza field, Nigeria, has been contracted, with mobilisation anticipated to start next week and to take seven days. Meanwhile, camp and logistics equipment required for Oza-1 well re-entry is currently being staged on site.

Additionally, equipment and supplies with longer lead times that are needed to test and complete the Oza-1 well as part of the re-entry activities have been ordered, secured, and are expected to arrive in Nigeria over the next two to five weeks. Service contractors have been sourced and contracted for the near-term operational activities.

Current stock price: 40.00 pence, up 0.6% on Friday

Year-to-date change: up 65%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.


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