Melrose provides Egyptian operating update

Melrose Resources plc announced that the West Dikirnis No.7 appraisal well was drilled as a step-out well on the northern flank of the West Dikirnis field.
This well intersected a net oil column of approximately 40ft which was above expectations and which should confirm an increase in proven reserves for the field.
The well has now been successfully tested. Four flow periods of increasing choke sizes were carried out and a maximum oil rate of 2,002 bpd was achieved on a 28/64th choke at a well head pressure of 1,995 psi.
The well will be temporarily shut-in as a planned producer with first production being targeted for the third quarter of this year. The rig has been released to move on to the West Dikirnis No.3 development well.
Robert Adair, Executive Chairman said "The result of West Dikirnis No.7 is encouraging as it proves the presence of a good oil reservoir and confirms the extension of the field to the north towards another exploration target at South Zarqa."


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