Zenith Energy Ltd (LON:ZEN) (CVE:ZEE) has updated the well results at the Jafarli oilfield in Azerbaijan, where it started operations in August.
Continued flow testing of the well recorded a production rate of 285 barrels of oil per day (bopd), a significant upgrade from the initial testing of 100 bopd announced last week.
READ: Zenith Energy disappoints with Azerbaijan well results
It is still far from the 700 bopd target based on production at an adjacent well.
The C-37 well was drilled at a total depth of 4,350 metres, encountering three layers of oil and gas shows for total pay of 16 metres.
Zenith Energy was contacted for comment.
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