www.elixirpetroleum.com
Elixir Petroleum is an international exploration and production company listed on the Australian Stock Exchange (ASX:EXR). Elixir holds interests in producing gas and condensate fields located in the Gulf of Mexico and has extensive interests in exploration and appraisal licences in the UK North Sea. Elixir has recently acquired interests in two producing fields in the Gulf of Mexico which provide the group with cashflow from sales of gas and condensate. The company is focused on increasing its presence on the shallow water shelf of the Gulf of Mexico and continues to examine new projects in which to participate. Such projects typically display discovered reserves, nearby infrastructure and short cycle times to first production and cashflow.
Elixir Petroleum says production resumes at Pompano well
Elixir Petroleum Ltd said production has resumed at the Pompano Field well which was shut- in three months ago due to sand bridging issues, and the 6700 Sand reservoir there is producing at a rate of approximately 1 million cubic feet of gas per day. The sand bridges that led to the shut-in have cleared naturally.
A workover of the well is still planned to address the underlying cause of the sand bridging in this reservoir which has inhibited production from the B Sand reservoir in the well. Elixir expects to receive a final recommendation from field operator AnaTexas Offshore Inc for the workover in the coming weeks, with operations to commence shortly thereafter.
Elixir has also been advised by the operator of the High Island Field, Peregrine Oil & Gas LLC, that repairs to the High Island pipeline system, which was damaged during the passage of Hurricane Ike in mid-September 2008, are now complete.
Peregrine has reported that, with the completion of repairs and the re-commissioning of the pipeline system, the two wells at High Island are now being brought back online and production has restarted, Elixir added.
