Les Blair, CEO of Eland Oil & Gas (LON:ELA) tells Proactiveinvestors that it is targeting initial production at its OML 40 field of 2,500 barrels of oil per day in six months with the intention to expand to 50,000bpd within 4-years. Les details the history of the well, the team he has assembled to exploit the opportunities presented to Eland and the work is needed to initiate production.
Eland Oil & Gas targets 50,000bpd in 4 years from Nigerian asset
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Market Cap: £357.57 m
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