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Rialto to proceed with Gazelle-P3 sidetrack

Rialto to proceed with Gazelle-P3 sidetrack

Rialto has commenced a sidetrack (the Gazelle-P3 ST2 well) to optimise the recently drilled Gazelle-P3 ST well in order to underpin the oil and gas development of the Gazelle Field.

Following planned testing in the Upper Cenomanian-1 reservoir (UC-1), the Gazelle-P3 ST2 well is intended to be suspended as a future producer. The sidetrack operation is expected to take approximately 12-15 days.

At 9:54am:

(LON:AUR) Aurum Mining share price was +0.01p at 2.88p

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Story provided by StockMarketWire.com

01/06/2012