Zenith Energy, Africa-focused international oil and gas production company, has finalised the necessary preparations for the commencement of operational activities in the Robbana concession onshore Tunisia
The workover of ROB-1 is expected to more than double existing production, resulting in a daily production rate of approx. 50-80 bopd. The company has contracted a leading local Tunisian drilling contractor to perform the workover of ROB-1 using a 750hp drilling and workover rig.
The cost of the ROB-1 workover has been estimated to be approximately US$550,000.
Plans to drill an infill well in Robbana (ROB-3), first announced on June 10, 2021, remain unchanged and the company has confirmed that, having carried out an inventory inspection, the long-lead equipment required for the drilling of ROB-3 are already on location and meet the prescribed technical and safety standards.
Andrea Cattaneo, CEO of Zenith, commented, “Our primary objective for Robbana is to achieve a daily production rate of approximately 200-250 bopd, to be obtained via the successful workover of ROB-1 and the drilling of ROB-3, representing a tenfold increase in respect of current daily production from the concession.
Further, it is our intention to update our independent Competent Person's Report to also include the reserves of the El Bibane and Robbana concessions, having been acquired at a time after the effective date of the last reserves evaluation.
We shortly also look forward to delivering news regarding planned drilling activities in the Ezzaouia concession, following agreement with our local partners, which we hope to begin prior to the close of 2021.
