Vikingo's workover operation update
October 01 2018 - 3:30PM
Oslo, 1 October 2018
Interoil is pleased to announce
that Vikingo's workover operation has successfully finished.
Currently the well has been put on stream aiming at cleaning the
near wellbore from the completion fluid used to safely conduct the
workover programme.
Once the cleaning operation
concludes, Interoil will continue testing and evaluating the lower
C7 formation by installing downhole pressure gauges for pressure
and flow behaviour in time analysis. This operation is
expected to take place this coming weeks. Afterwards, the
well will be put on production from the C5 formation as it has been
producing prior to the workover.
In the meantime, Interoil
continues constructive social conversations with the Duya's native
community aiming at having their approval for demobilizing the
work-over unit as well as continuing with Vikingo's normal
production operation.
Regardless of the improved social
relationship with the Duya, Interoil has made good progress to get
access approval from private landowners through alternative "The
Northern Road".
Leandro Carbone, CEO, commented:
We are pleased with successfully finalising Vikingo's workover
program, and with the improved relationship with the Duya
community. Regardless of our current social relationship with
them, the "Northern Road" is still an important objective as this
will secure daily access for Vikingo-x1 production operation.
Contact: ir@interoil.no
***************************
Interoil Exploration and
Production ASA is a Norwegian based exploration and production
company - listed on the Oslo Stock Exchange - with focus on
Latin-America. The Company is the operator of several production
and exploration assets in Colombia. Interoil currently employs
approximately 55 people and is headquartered in Oslo.
This information is subject
to the disclosure requirements pursuant to section 5 -12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by West Corporation on behalf of West
Corporation clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Interoil Exploration & Production ASA via
Globenewswire
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