Energean: Successful well performance of Karish Main-02 development well

Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג ,(the oil and gas producer focused on the Mediterranean, is pleased to announce successful results from production measurement performed during clean-up of the Karish Main-02 development well, which is located on the crest of the Karish Main structure KM-02 produced from a 35 meter interval of the C sand reservoir.

The well flowed at a maximum rate of 120 million standard cubic feet per day (Mmscf/d) of natural gas, limited only by the capacity of the surface equipment. Performance modelling confirms that the well is capable of delivering at the 300 Mmscf/d design capacity when connected to the FPSO.

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