Toronto



ZEE opp 7 % ved børsslutt
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25.09.2019 kl 23:48 175

The first indications we have received from drilling operations at well C-37 are very encouraging. The approximately 16 metres of net pay zone we have identified confirm our confidence in the productivity of the Middle Eocene formation, historically a strong producer across our Azerbaijan asset, and the merits of deepening well C-37 in order to materially increase our daily production of oil. We look forward to completing operations at well C-37, and to communicating flow rates to the market as soon as they are determined.