Bli medlem
Bli medlem

Du är här

2022-08-12

Crown Energy: Operator of Joint Venture Block 2B South Africa releases an operations update

Crown Energy AB (publ) is pleased to note today's Press Release from our operator Eco (Atlantic) oil and gas LTD ("Eco Atlantic") whereby Eco Atlantic does an operational update on Block 2B South Africa:

According to the press release the Island Innovator rig, owned by Island Drilling Company AS, was released and mobilised today.

The well is expected to spud on 2 September 2022, subject to weather conditions. The well will take approximately 25 days to drill.  The Company plans to seal and plug the well after the test with no remaining equipment left on the sea floor. The partners have also approved the option to drill a sidetrack well contingent on a discovery in the main target.

For additional information, please see the Eco Atlantic's website:              https://www.ecooilandgas.com

MORE INFORMATION

Yoav Ben-Eli, CEO Crown Energy AB

+46 76 312 9793

Alan Simonian,

Chief Operating Officer

+44 7711 625005

ABOUT CROWN ENERGY

Crown Energy is an international group providing customised solutions for

housing, offices and associated services, as well as oil and gas exploration in

Africa and the Middle East. For more information please visit

www.crownenergy.se

Författare Cision