OPERATIONS

Pompano well to produce 6-7MMcfd

OFFSHORE Texas explorers Buccaneer Energy and Elixir Petroleum expect to bring their Pompano well...

In an operational update, Elixir said the SL 103229 well (Well-1) will be completed and produce from two sand intervals as soon as the platform retrofit is completed.

The Pompano Project is essentially a redevelopment of the Pompano gas field with new well locations based on modern 3D seismic data.

The project is located about 145km south-west of Houston.

Buccaneer Energy, which listed on the ASX on November 14, has a 65% stake in the well, while Elixir has 25%. The remainder is held by US companies.

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