Interra Resources Limited wishes to inform shareholders that the wholly owned subsidiary, Goldwater TMT Pte. Ltd. (GTMT) will complete the well as an oil producer.
Two of the lower reservoirs are currently under pump testing following casing perforation and have reached an average of 55 barrels of oil per day.
The tests in these lower zones are ongoing with the aim of optimizing production. The Company will announce the final results from these tests as well as future plans for testing shallower reservoirs as soon as they may be ascertained.
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Interra Resources Limited
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