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Suroco announces highest production month ever

Wednesday, November 28th, 2012 Category: Company News
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Suroco announces highest production month ever

Suroco Energy announced its 3Q12 results. The chart shows production net of Working Interest and Royalties was up 27% sequentially after having been stalled for two quarters. Alastair Hill, Suroco’s President and CEO commented, “During the third quarter we achieved a record average production rate of 1,111 barrels per day net to the Corporation after royalties and in September we experienced our best single monthly average with 1,232 barrels per day net to the Corporation after royalties. The three Cohembi wells drilled during the quarter helped us to delineate the north-western area of the field and extend the proven oil-bearing area.”

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