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Gold/Mining/Energy : Centurion Energy Intl Inc -- Ignore unavailable to you. Want to Upgrade?


To: krl who wrote (261)1/8/2001 12:37:35 PM
From: JUNIORSPECULATOR  Read Replies (1) | Respond to of 350
 
Centurion receives El Wastani well test results

Centurion Energy International Inc CUX
Shares issued 62,082,297 Jan 5 close $0.85
Mon 8 Jan 2001 News Release
Mr. Said Arrata reports
The El Wastani No. 2 well has been successfully re-entered, completed for
production and tested. The well tested at a restricted rate (1/2-inch
choke) of 11 million cubic feet per day and 230 barrels oper day of
condensate to the maximum approved limits of gas flaring. The test
confirmed the original flow potential of the well, and gas and condensate
samples were taken.
The well was drilled as a vertical exploration well in 1989 when it tested
21.3 million cubic feet per day with no flow restrictions. Production from
the El Wastani No. 1 and El Wastani No. 2 wells is planned to commence
mid-2001.
The El Wastani field is located within Centurion's 420,000-acre El Manzala
concession that is located in Egypt's prolific Nile Delta region. Centurion
owns a 100-per-cent working interest in the El Manzala concession.
WARNING: The company relies upon litigation protection for
"forward-looking" statements.
(c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com