Brief: BW Energy Says Hibiscus South Pilot Well Confirms Hydrocarbons

BW Energy

08/05/2024 15:38

May 8 (Reuters) - BW Energy Ltd  BWE.OL :
    * HIBISCUS SOUTH PILOT WELL CONFIRMS HYDROCARBONS
    * PLANS TO COMPLETE WELL AS A PRODUCTION WELL LATER IN 2024
    * DHBSM-2P PILOT WELL CONFIRMS HIBISCUS SOUTH DEPOSIT
EXTENDS INTO
NORTHERN PART OF FIELD WITH GOOD RESERVOIR QUALITY, INCREASING
RESERVE ESTIMATES
    * PRELIM EVALUATION INDICATES GROSS RECOVERABLE RESERVES OF
5 TO 6
MILLION BARRELS OF OIL, ABOUT 14 MILLION BARRELS OF OIL IN PLACE

Source text for Eikon:  ID:nGNEbkHlj9 
Further company coverage:  BWE.OL 

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