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Oil & Gas

San Leon's Decklar Petroleum interest starts producing oil

The well has reached an average, stabilised production rate of 1,184 barrels of oil per day

San Leon Energy PLC's (AIM:SLE, AQSE:SLE, OTC:SLGYF) 11% owned Decklar Petroleum announced that its Oza-1 well at the Oza Oil Field is now producing at a stable rate.

According to a statement, the well has reached an average, stabilised production rate of 1,184 barrels of oil per day (bopd).

Oza-1 well is producing crude oil at a fixed choke setting of 24/64 inch over a 46 hour period.

Production of crude oil from the well is flowing into storage tank at the Oza Oil Field, which will then be delivered by truck to the Umugini pipeline infrastructure crude handling facilities.

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