Circle Oil well tests positive for production

INTERNATIONAL oil and gas explorer Circle Oil, which has a base in Limerick, has announced its Al Amir 1-ST2 well, originally drilled in 2008, has been tested for production.

The outcome, based on flow rates delivered on August 2 of 278 barrel of oil per day (bopd), has been positive.

Once the South Gharib production test and production engineering system is completed “the well is planned to be put on production and the oil trucked to the Zeitco terminal”, the group said in a statement issued yesterday.