02:00 Mon 27 Jan 2020
Columbus Energy Res - Operational Update - Trinity Inniss
("Columbus" or the "Company")
Operational update - CO₂ injection in
Columbus, the oil and gas producer and explorer focused on onshore
"The Company has successfully injected the first tranche of CO₂ in the Trinity Inniss field. The CO₂ project is an important enhanced oil recovery project for both the Company and
Background - Trinity Inniss CO₂ Project
As previously announced, the term of the Trinity Inniss Incremental Production Service Contract ("IPSC") has been extended to allow for the implementation of the CO₂
The Company has now injected the first tank CO₂ into well AT5X in the Trinity Inniss field and will over time contribute to the determination of any impact on enhancement of production in offset wells to AT5X. The Company and Predator, its joint venture partner, will proceed to continuous injection of CO₂ as is required to fully evaluate the potential of CO₂ injection to increase oil production from the offset wells.
The Company's interest in the Trinity Inniss field benefits from an agreement with
Qualified Person's statement:
The information contained in this document has been reviewed and approved by
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
Contact Information
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+44 (0)20 7203 2039 |
Financial Adviser and Broker |
+44 (0)20 3005 5000 |
Nominated Adviser |
+44 (0)20 7628 3396 |
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Notes to Editors:
Columbus is guided by the following core values; safe and sustainable, stronger together, creative excellence, positive energy, totally trusted and personally responsible.
The Company is led by an experienced Board and senior management team with supportive shareholders and intends on leveraging its expertise and experience to build an attractive and diversified portfolio of assets across
To find out more, visit www.columbus-erp.com or follow us on Twitter @Columbus_ERP.
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