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Article: BANKERS PETROLEUM LIMITED - Provides operational and corporate update.
- Article from:
- PR Newswire UK Disclose
- Article date:
- October 9, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Bankers Petroleum provides operational and corporate update
Exit Production Rate for the third quarter exceeds 6,200 bopd
CALGARY, Oct. 9 /CNW/ - Bankers Petroleum Ltd. (TSX: BNK, AIM: BNK) is
pleased to announce the following operational and corporate updates.
Production
Third quarter production averaged 5,881 bopd from the Patos Marinza oil
field in Albania compared to second quarter production of 5,826 bopd. Net oil
inventory at the end of September was 5,660 barrels higher compared to the
second quarter inventory. Timing of successful re-activation and new wells
being placed on production impacted average production for the quarter,
however, ...