The Yamalik-1 well testing operations have been temporarily suspended until suitable equipment to test high-pressure natural gas can be procured. Testing operations are targeted to recommence by the end of 1Q18e. The natural gas reference price in Turkey has increased 14%, effective January 1, 2018. The new price is estimated at approximately C$7.50/mcf.
15 Jan 2018
Yamalik-1 well update and natural gas price increase
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Yamalik-1 well update and natural gas price increase
The Yamalik-1 well testing operations have been temporarily suspended until suitable equipment to test high-pressure natural gas can be procured. Testing operations are targeted to recommence by the end of 1Q18e. The natural gas reference price in Turkey has increased 14%, effective January 1, 2018. The new price is estimated at approximately C$7.50/mcf.