Mediterranean Oil & Gas Starts Production At Anzano 1 Well, Italy
06 10월 2010 - 3:58PM
Dow Jones News
Mediterranean Oil & Gas Plc (MOG.LN), an oil and gas
exploration company, announced the commencement of new gas
production from the Anzano 1 well or ANZ1, onshore Italy.
MAIN FACTS:
-Mediterranean Oil & Gas plc is an independent oil and gas
production development and exploration company with a balanced
portfolio of assets located in the central Mediterranean
region.
-ANZ1, located within the S. Andrea concession (MOG Operator;
40% Working Interest), commenced new gas production following
completion of field development works to install production
facilities required at the well site and to lay out a gas pipe line
of 3 kilometers.
-This was required to connect the site to existing gas
production facilities at the S. Antonio 1 well, the other gas field
in the concession area, which has been in production since
1995.
-Since Sep. 30, 2010, ANZ1 has been producing 2,500 square cubic
meters per day or scm/day of pure natural gas.
-It is expected production will progressively increase to a peak
gross target production of 7,500 scm/day by the end of October
2010.
-Shares closed Tuesday at 14 pence
-By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411;
zechariah.hemans@dowjones.com
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