Vikingo-x1 Operational Update
21 Août 2018 - 8:02AM
Oslo 21 August
2018
Since Vikingo's flow
production stopped in early
July, Interoilhas been keeping fluent and constructive
social conversationswith the Duya's native community
aimed at explaining the importance of the workover operation
planned for Vikingo-x1 well.
These profitable conversations have been extremely
important to understand each party's concerns whilst
mitigate Duya's cultural angsts by the mobilization
of a work-over unit. All these has led to grant their
authorization to cross with the eighteen loads comprising
the work-over rig through their territory.
Currently all of them
are on-site and being rig-up in Vikingo-x1 to
initiate work-over operation.
Interoil is planning the
work-over program to last at least 10 days aimed
at changing the downhole pump plus
adapting Vikingo's production string so
to either independently and/or commingle
produce and test the C5
layer and the lower C7 layer.
Regardless of the positive outcome
and recent improved social relationship with
the Duya, Interoil keeps working to getaccess
approval from private landowners through an alternative
route named "The Northern Road". Once all landowners
grant us the right of way, we will be able
toevacuate Vikingo's production and, also, move
equipmentshould the Duya surprisingly block the access
path through their territory again.
Leandro Carbone, CEO,
commented: We are pleased with the constructive and
fruitful social improvement we are havingwith
the Duya every day. Regardless
the improved social relationship
with the Duya native
communities, Interoil will focus on the "Northern
Road" since having another transit road
is crucial for our daily operation for
the Vikingo-x1 production as well
as for any other operation
within LLA-47.
Contact: ir@interoil.no
***************************
Interoil Exploration and
Production ASA is a Norwegian based exploration and production
company - listed on the Oslo Stock Exchange - with focus on
Latin-America. The Company is the operator of several
production and exploration assets in Colombia. Interoil currently
employs approximately 70 people and is headquartered in
Oslo.
This information is subject
to the disclosure requirements pursuant to section 5 -12 of the
Norwegian Securities Trading Act.
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Interoil Exploration & Production ASA via
Globenewswire
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