Make your money go further for just 25p per day

Valiant Petroleum (AIM:VPP) Field start-up

12/11/2012 · Valiant Petroleum (VPP) 

Valiant Petroleum and Antrim Energy has announced production start-up from the Causeway field in the UK North Sea in which they hold a 35.5% and 64.5% interest,

The initial production rate of 4,500 bopd (gross) is less than expected as the well is being “choked back” (choke setting: 53%), due to well clean up issues which are taking longer than expected on the horizontal well. Causeway is expected to produce at a peak production rate of 10,000 bopd (gross) once the clean-up process is completed.

Broker Westhouse comments that Valiant Petroleum continues to trade at a material discount to core NAV…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Valiant Petroleum

Valiant Petroleum (AIM:VPP) Field start-up

12/11/2012 · Company Insights
Valiant Petroleum and Antrim Energy has announced production start-up from the Causeway field in the UK…

Valiant Petroleum

26/02/2008 · Company Insights
The group appears to have established an attractive position to exploit oil opportunities in the northern…

More Company Insights

Bonkers Bargains: another upgrade and still a bargain

12/11/2024 · Time Finance

AIM new arrivals and departures October 2024

08/11/2024 · GenIP · Pulsar Helium

Sign-up to our free email updates

SIGN UP