Thursday, June 7, 2012

Interra

Interra: Announced that its infill development Well YNG 3244 in Myanmar has now been completed as an oil producer by its jointly controlled entity Gold petrol. Interra has a 60% interest in the improved petroleum recovery contract of the Yenangyaung field and owns 60% of Goldpetrol. This is a continuation of the emphasis of drilling shallow to intermediate depth wells using Goldpetrol’s own rig to devlop areas in producing reservours that are not currently drained by existing wells.

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