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Operational Update

30th Sep 2009 07:00

RNS Number : 9251Z
Matra Petroleum PLC
30 September 2009
 



PRESS RELEASE

For immediate release: 30th September 2009

Matra Petroleum plc 

Operational Update - Sokolovskoe - well 13

Matra Petroleum announces that the rig is on location at the well-site in Orenburg and commissioning is practically complete. We are encountering minor delays in installing the power supply to the rig, which is subject to third party control. In order to minimise the delay the drilling contractor is mobilising a generator from another operation as an interim solution. 

The generator is expected onsite within the next week, however it is subject to release at a point that is operationally convenient to a third party and therefore the exact date is outside our control but significant delays are not currently anticipated.

A further announcement will be made when the well has spud.

For further information, please contact:

Matra Petroleum

www.matrapetroleum.com

Peter Hind, Managing Director

+44 (0) 7990 807855

Aquila Financial Limited (PR)

www.aquila-financial.com 

Peter Reilly

RFC Corporate Finance (Nominated Adviser)

+44 (0) 118 979 4100

Steve Allen

+61894802500

This information is provided by RNS
The company news service from the London Stock Exchange
 
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