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Rocksource US Field facilities update

The Rocksource Group is pleased to confirm that progress for installation of new processing facilities in the Drews Landing field in the US is going according to plan.

The necessary work (“hot-tap”) to connect to the gas export line is now underway as is the final installation of the processing equipment which will be followed by connecting and testing the entire facility.

The producing wells will be sequentially shut-in and then tied in to the new facilities and gradually opened up for production through the new facilities. After the high-pressure wells are tied-in and opened, compressors will be installed to increased production from wells with low-pressure zones early 2008.

All wells drilled and completed to date have been tested with production to sales. A further update will be given before end December together with production rates from wells opened at that time.

Oslo, 19.12.2007
Rocksource ASA

Trygve Pedersen
CEO

+47 90 09 77 41

Published: 19.12.2007

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Contact Information

Address:
Thormøhlensgate 53 D
Postboks 994 Sentrum
N-5808 Bergen
Norway

Phone: +47 05369
From abroad: +47 21 49 32 69
Fax: +47 55 36 87 98

 

Per Anders Muri
VP Corporate Communications
Phone: +47 91 11 61 21
per.anders.muri@rocksource.com

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