Scandoil  

Octagon 88 Resources provides production testing results


Published Nov 8, 2013
Octagon 88 Resources, Inc.

Octagon 88 Resources is pleased to announce that the Manning projects operator has confirmed that the first four days of production flow testing remains positive.

The operator reports it has been running the pump at 100 RPM which is a third of the pump design rate. The well has been producing from the well bore, fluids including heavy black crude oil and lighter brown oil. Gas production remains consistent and the AGAT lab results on the testing of gas samples confirms it is almost 100 % methane with no presence of H2S (hydrogen sulphide).

'Fluids in the well bore are sustaining now at 310m and the last full 24 hour period showed a change where pressure stabilized and gas appeared to being held back by the fluids. The volumes of fluids being produced are substantially higher than forecasted.'

Tags: Octagon 88 Resources




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