Suroco Energy Inc. report that the Cohembi-7 appraisal well has been successfully placed on production and drilling has commenced at the Cohembi-4 multi-well pad.

Mr. Alastair Hill, the Corporation's President and Chief Executive Officer commented, "The excellent initial production from the Cohembi-7 well, which has produced up to 1,485 barrels of oil per day (216 barrels of oil per day net to the Corporation after royalty) as the pump speed has been increased to its normal operating capacity, attest to the very good reservoir quality encountered in this area of the field. The next two or possibly three wells will be drilled in the northwest area of the field from the Cohembi-4 pad, with one of these wells targeting a significant stepout to evaluate the potential for the field to extend beyond the area currently mapped on the 3D seismic".

Tags: Suroco Energy