Sky Petroleum Reports 7,875 Barrels During 2008 Third Quarteradmin
Sky Petroleum, Inc., an oil and gas company, today reported that during the third quarter ending September 30, 2008, Mubarek production from the H2 well was 7,875 barrels of oil.
During the third quarter of 2008 the performance of the H2 well was stable. During the same period the K2-ST4 well shut in throughout the quarter for repairs to the gas lift line between the J and K platforms. Crescent Petroleum Company International Limited, the operator of the Mubarek Field, has determined that a lightweight, flexible, non-metallic pipe will provide the best solution and estimates that repairs to the line will take three to four months to complete.
Sky Petroleum (OTCBB:SKPI) is an oil and gas exploration company. Sky Petroleum’s primary focus is to seek opportunities where discoveries can be appraised rapidly, and developments can be advanced either by accessing existing infrastructure, or by applying the extensive experience of established joint-venture partners. In addition, the company also plans some higher risk, higher reward exploration prospects. For additional information please visit www.skypetroleum.com