United Oil & Gas PLC's (LON:UOG) Brian Larkin presents his project update and growth plan to Proactive London. The ASH-3 production well at the Abu Sennan project, in Egypt, will begin initial testing in the coming days.
The latest report has revealed the well encountered 27.5 metres of net pay in the Alem El Buieb (AEB) reservoir. It was spudded on January 4 and reached a target depth of 4,087 metres on February 8, which was around five days ahead of schedule and was delivered under budget.