Client News
United Oil & Gas PLC – El Salmiya-5 Well ResultsHighlights
· Total of over 120m net pay across four hydrocarbon-bearing intervals encountered by El Salmiyah-5 well on Abu Sennan concession – main target potentially materially larger than previously believed
· Flow rates of 4,100 bopd, with 18 mmscf/d gas (c. 8,700 boepd in total) achieved from Kharita Reservoir during well-testing
· United’s net production from the Abu Sennan asset as a whole likely to rise to over 2,500 boepd in the coming weeks
https://www.londonstockexchange.com/news-article/UOG/el-salmiya-5-well-results/14563749