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SacOil starts phase 2 development operations at Lagia oil field


Published Sep 18, 2015
SacOil Holdings

SacOil Holdings Limited, through its subsidiary Mena International Petroleum Company Limited, commences phase 2 of the field development operations at its 100% owned Lagia oil field in Sinai, onshore Egypt.

This second phase includes the installation of steam facilities for a thermal recovery process on the existing production wells and the drilling of a minimum of 5 additional thermal wells with the intent of further enhancing existing production and the recovery of oil from the field.

SacOil procured a steam generator earlier this year and is proud to confirm that the generator arrived on site on 4 September 2015. Commissioning and operational testing is currently under way and the Company is to commence full-scale steaming by the end of September 2015.

Tags: SacOil Holdings




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