EMP maintains production through workover and development drilling
Tuesday, July 26 2016 - 09:21 AM WIB
By Febry Silaban
IDX-listed PT Energi Mega Persada Tbk will maintain production trough workover activities and development drilling in line with the target set for this year and the production is more or less similar to the production level of last year.
Oil and gas production in the first semester of the year reached 52,000 boepd, which was in line with the firm?s target, President Director Imam Agustino said in a recent shareholders? meeting.
?Thirty percent of the production is oil, the rest is gas,? he said.
Chief Investor Relations Herwin W. Hidayat said the firm produced 10,800 bpd of oil and 214.4 mmscfd of gas throughout last year.
Editing by Johannes Simbolon
