Home
/
News
/

Regal increases production at SV-58 by 100%

Regal increases production at SV-58 by 100%

7 April 2010

Regal Petroleum (LSE: RPT LN) said in an operational update yesterday that it increased production at its SV-58 well by 100% from the level announced in January as a result of additional well interventions. Regal said the abrasive jet perforation technique, trialed at the well in January, was successfully completed across all remaining B-sand target zones. Regal reported that as of April 1, the well’s exact production rate was 114,320 m3/d of gas and 10 m3/d of condensate (800 beopd). Regal shares rallied yesterday, up 9%, to 70p each.

Latest News

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...