According to the company, production is on-going from the PEN-105 well at an improved rate of 2.53mmscfd with 37 barrels per day of condensate (71,700 m3/day; 459boed) and PEN-101A will add to this production.

The PEN-101A well, which was side-tracked to bypass damaged cement, has been acidized and re-perforated. Pressure test data showed that the formation near the well bore has been damaged by the drilling process and the two stage acidization has not managed to completely restore the productivity of the well.

However, the PEN-105 well productivity, which produces from a similar Miocene volcanoclastic formation, is still improving and the PEN-101A well can be expected to behave in a similar way.

So far, on test, the maximum production rate of the PEN-101A well has been

0.769mmscfd (21,800 m3/day; 128boed). Production rates through the production facility will be less than the rates measured during the test.