MIDDLE EAST: Sky Petroleum reports 30,922 barrels during 2008 first quarter

MIDDLE EAST: Sky Petroleum reports 30,922 barrels during 2008 first quarter
Sky Petroleum, Inc reported that during the first quarter ending March 31, 2008 Mubarek production from the H2 and K2- ST 4 wells was 30,922 barrels of oil.

The Mubarek H2 well produced 9,144 barrels of oil or 101 bopd and the Mubarek K2-ST4 well produced 21,778 barrels of oil or 243 bopd during the first quarter of 2008.

The performance of the H2 and K2-ST4 wells were both reasonably stable for the first quarter of 2008 and the K2-ST4 well decline appears to have normalized.

Source: Scandinavian Oil and Gas

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