19th Sep 2005 07:01
Burren Energy PLC19 September 2005 19 September 2005 Burren Energy plc ("Burren") Drilling Update : Congo (Brazzaville) Burren announces the results of development drilling on the M'Boundi fieldduring August and September 2005. A total of 4 development wells have been completed and tested since thebeginning of August, with a combined aggregate test rate of 14,800 bopd from theVandji reservoir. Well M'Boundi Location Test flow rate Choke sizeMBD 1004 Northern perimeter 4,700 bopd 48/64"MBD 1102 North-west perimeter 2,500 bopd 40/64"MBD 1802 South-east infill 2,600 bopd 40/64"MBD 1901 Central infill 5,000 bopd 48/64" Three of these wells are on production as a result of which gross M'Boundiproduction is now in excess of 52,000 bopd (Burren working interest share 18,200bopd). The fourth well, MDB 1102, is undergoing pressure build up and isexpected to be placed on production imminently. ENQUIRIES: Enquiries: Burren Energy Tel: 020 7484 1900 Finian O'Sullivan, Chief Executive OfficerAndrew Rose, Chief Financial Officerwww.burren.co.uk Pelham PR Tel: 020 7743 6676James HendersonAlisdair Haythornthwaite Notes to Editors Burren Energy is an independent oil and gas exploration and production group,headquartered in London. It is focused on four principal regions: the Caspianregion of the former Soviet Union, West Africa, North Africa and through astrategic investment stake in the Hindustan Oil Exploration Company, India. Thecompany is listed on the London Stock Exchange ("BUR"). This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Burford Capital