Eland Oil & Gas plc Reports Unaudited Production Results for the Six Months Ended June 30, 2019; Provides Production Guidance for the Second Half of 2019
The company provided production guidance for the second half of 2019. For the period, the company announced that drilling will continue at Gbetiokun during second half of 2019 with Gbetiokun-5 being drilled following completion of Gbetiokun-4. Following completion of Gbetiokun-5 net average production from Gbetiokun is expected to be between 9,000 to 9,900 (20,000 - 22,000 bopd gross).