Monday, September 10, 2012

Interra Resources

Interra Resources: Fri announced that 60% owned Goldpetrol Joint Operating Company has completed drilling works on development well YNG 3246 in Yenangyaung, Myanmar. The oil and gas exploration and production group said production of the well has stabilised at 107 barrels of oil per day after four days of testing. According to wireline logs, there are indications of several shallower prospective zones that will either be tested in YNG 3246 at a later date or by drilling a shallow twin well.

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