Circle Oil’s Al Ola-1X well in Egypt has been placed on stream after the firm received official permission for a long-term production test.

The Kareem Rahmi sand was perforated from 9,782 to 9,802 ft MD and is flowing at approximately 1,400 bopd on a 28/64-inch choke.

The overall production from the Geyad and Al Amir SE fields is currently averaging 8,500 bopd.

(Source: stockmarketwire)