MENA Hydrocarbons Inc. provide the results of its Lagia 6 re-entry, the first of 2 re-entries in its six well, first phase development program on its 100% owned Lagia Development Lease in Egypt.
PetroSinai, the joint venture operating company operating the Lagia Development Lease in Egypt on behalf of the Egyptian Petroleum Company and MENA, has successfully started production operations in the Lagia oil field. The Lagia 6 well, drilled in 2000, has been re-entered, re-perforated in the Nukhul formation and has now been on production for one week.
The well has flowed at rates of up to 150 barrels of fluid per day under clean up (including load fluid) and is currently producing clean oil into a tank at approximately 60 barrels of oil per day utilising a progressive cavity pump at an appropriate setting. The rig has now moved to the Lagia 7 well, also originally drilled in 2000, to undertake a similar work-over programme.
The rig will then move to drill the first of a four new drill well programme, Lagia 8. The Lagia 8 well will be fractured to further enhance the production capacity of Nukhul completed wells. The engineered development plan calls for up to 55 wells for full development of this current fault block. MENA believes adjacent fault blocks may also be oil bearing.