Zenith Energy Ltd Interim Update on Workover of Well M-195 (5493Y)
06 3월 2017 - 4:00PM
UK Regulatory
TIDMZEN
RNS Number : 5493Y
Zenith Energy Ltd
06 March 2017
INTERIM UPDATE ON WORKOVER OF WELL M-195
Calgary, Alberta, March 6, 2017, Zenith Energy Ltd. ("Zenith" or
the "Company"), (LSE: ZEN; TSX.V: ZEE), the international oil and
gas production company, is pleased to announce that the workover of
Well M-195 is progressing at the Company's Muradkhanli field in
Azerbaijan.
Casing obstructions at 2,780 and 2,970 metres were successfully
resolved in the last two weeks and the top of the production liner
screen section was reached at 3,014 metres. Below the liner screen
section, which is approximately 12 metres long (3,014-3,026 m), the
well was completed open-hole for 43 metres to a total depth of
3,069 metres.
A restriction was encountered at the top of the screen section
and the Company is waiting for additional equipment to be sent from
Baku within the next week in order to eliminate the problem and
reach the open-hole section.
Zenith is pleased with the performance of workover Team B and
will provide a final update when the workover of Well M-195 is
completed.
For further information, please contact:
José Ramón López-Portillo Chairman
Andrea Cattaneo CEO & President
Email: info@zenithenergy.ca
Telephone: +1 (587) 315-9031
Telefax: +1 (403) 775-4474
This information is provided by RNS
The company news service from the London Stock Exchange
END
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