Zenith Energy records production uplift from ROB-1 onshore Tunisia
Zenith Energy, a well engineering consultancy and project management company focused on building a production and development portfolio in Africa, announced that a flow rate of 124 barrels of oil per day has been recorded from well Robbana-1 well (ROB-1), located within the Robbana concession in Tunisia, following the completion of a successful workover on October 25, 2021.
The Company expects a stabilised rate of production of approximately 100 BOPD is to be achieved in the near-term once well production is optimised, representing a 500% increase in production from ROB-1 over the previous daily production rate of 20 BOPD that had been recorded since the last workover performed in 2012.
Andrea Cattaneo, Chief Executive Officer of Zenith said, "We are very pleased with the outcome of our inaugural operational engagement in Tunisia. The workover of ROB-1 has been executed without incident and on-budget, enabling the Company to increase its daily net cumulative production to a total of approximately 650 BOE/ day, the highest production rate in the Company's history. Zenith's operational team is already defining the next steps for drilling well ROB-3, as previously announced on June 10, 2021, and we look forward to delivering further positive news on our progress in due course."