Red Sky Energy (ASX:ROG) -
Source: Red Sky Energy
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Red Sky Energy (ROG) has been granted approval to begin a production test at its Killanoola-DW-1 well in South Australia
  • The approval from the Government of South Australian Department for Energy and Mining gives the company the green light to test the linear rod pump and get live hydrocarbons to surface for assay
  • Contracts for the testing have been awarded and equipment is now being mobilised to site, with testing set to begin on December 10
  • Red Sky Energy last traded at 0.8 cents on December 3

Red Sky Energy (ROG) has been granted approval to begin a production test at its Killanoola-DW-1 well in South Australia.

The approval was received from the Government of South Australian Department for Energy and Mining to commence a linear rod pump (LRP) production test at the well.

The approval allows the company to test the existing five metres of pay at DW-1. Previous flow tests of the well have recorded rates of up to 300 barrels of oil per day.

“We are pleased to have received final government approval to begin production testing at DW-1,” Red Sky Managing Director Andrew Knox said.

“This will enable the company to test the linear rod pump and get live hydrocarbons to surface for assay.”

Contracts for the testing have been awarded and equipment is now being mobilised to site.

The company said it anticipates it can begin the testing from December 10.

Red Sky Energy last traded at 0.8 cents on December 3.

ROG by the numbers
More From The Market Herald
Auris Minerals (ASX:AUR) - Managing Director, Mike Hendriks

" Auris Minerals (AXS:AUR) probes for extensions to high-grade gold hits at Feather Cap

Auris Minerals (ASX:AUR) intersects "encouraging" zones of quartz veining and alteration from reverse circulation drilling at the…

" Cann Group (ASX:CAN) granted GMP licence by TGA

Cann Group (ASX:CAN) receives a GMP licence from the Therapeutic Goods Administration (TGA) to manufacture therapeutic…

" EcoGraf (ASX:EGR) successfully produces first GreenRECARB products

EcoGraf (ASX:EGR) successfully produces the first GreenRECARB products as part of the company's development program for…
Sunshine Gold (ASX:SHN) - Managing Director, Damien Keys

" Sunshine Gold (ASX:SHN) encounters elevated REEs at Elphinstone Creek

Sunshine Gold (ASX:SHN) has encountered elevated rare earth elements (REEs) from recent soil sampling at the…