Eckel 700m UK


Matra Petroleum: Well A-13 Successfully Tested

Matra Petroleum PLC, the independent oil and gas exploration and production company with operations in Russia, announced its results for the 12 month period ending 31 December 2011.

Highlights: Operational

• Well A-13 validated following successful extended well test


• Successfully raised £1.2 million through a placement in November 2011
•Cash or cash equivalents of €1.8 million at year end


• Imminent production from Well A-13
• Well A-14 drilling approval granted
• Planned acquisition of 3D seismic over the entire field

Peter Hind, Managing Director, commented:  “We are delighted that Well A-13 is about to commence production and that approval to drill well A-14 has now been granted. We look forward to achieving sustained production from Well A-13 and increasing our understanding of the Sokolovskoe field.”


Previous post

Weatherford Successfully Completed A Pilot Project Of Running Tubular Casing With Rotation

Next post

Emerson and Statoil Sign Multi Year Agreement for Fiscal Metering Systems