Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/roxi-petroleum-provide-an-operational-update-on-it.shtmlRoxi Petroleum provide an operational update on its flagship BNG assetRoxi Petroleum provide an operational update on its flagship BNG asset.
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Edit page New page Hide edit links Roxi Petroleum provide an operational update on its flagship BNG asset. Roxi has a 58.41 per cent interest in the BNG Contract Area, which already has three wells at South Yelemes part of the Contract Area. Well 54 is a Soviet era well that was re-entered in 2010 and Wells 805 and 806 were drilled in 2010. Testing of these wells was delayed pending changing farm-in partners. Following the $40 million equity commitment secured in January 2013 Roxi decided to test these wells. On 18 February 2013, Well 54 produced at a daily rate of 219 bopd with a 2mm choke. On 14 February 2013, Well 805 produced at a daily rate of 120 bopd using a sucker rod pump. Both these wells are now producing from the Jurassic formation. |