Ruspetro: Q3 Results – Revenues Up 17%
Ruspetro plc announces its interim management statement for Q3 2014 and the period up to and including 29 October 2014. HIGHLIGHTS Financial · Revenues up 17% in Q3 from Q2 2014 at US$16.5 million · Additional Glencore domestic prepayment facility entered into on 29 October 2014 for a sum of …
Ruspetro: First Multi Stage Frac Horizontal Well Flows at 1,350 bopd
Ruspetro plc today announces that a successful ten day flow test has been carried out on the Company’s first multi-stage fractured horizontal well (number 214) in its Pottymsko-Inginsky license area. Three large fractures were placed in the 600 meter horizontal section of the well. After initial clean-up the well produced …