Interra Resources

Interra Resources: Grp announced that it has achieved significant production increases at producing wells CHK 1157 and CHK 1166 in the Chauk oil field in Myanmar. The latest production increase has established CHK 1166 as the current highest producing well in the Chauk field. Of significance is that the success of CHK 1157 and CHK 1167 should set up new development well drilling opportunities for these reservoirs in the same structure. The perforation was a very low cost operation and Interra’s share of the cost was funded from existing funds on hand.