UOG Spuds Final Development Well of 2021 Drilling Program in Abu Sennan
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United Oil & Gas PLC (UOG) announced the spudding of the Al Jahraa-13 development (“AJ-13”) well in the Abu Sennan Licence, onshore Egypt. The AJ-13 well is the fifth and final well in the Abu Sennan 2021 drilling program. Operators of the Abu Sennan Licence, Kuwait Energy Egypt, have commenced drilling the well, and the process will take approximately 65 days to complete. The well, which is a follow-up to the successful Al Jahraa-8 well, will target the Upper and Lower Bahariya reservoirs in the Al Jahraa Field. Furthermore, the well, as Chief Executive Officer Brian Larkin noted, can be quickly be brought into production, thus, adding immediate cash flow to the company. Larkin stated, “ There is extensive potential in the Abu Sennan Licence as demonstrated by the drilling success so far and the Joint Venture partners are pleased to once again be testing this.” It should be noted that the planned 2022 drilling program will involve five exploration and development wells. (free spot)
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