Khyber Pakhtunkhwa Oil & Gas Company

Serabi exceeds production guidance for 2022

Retrieved on: 
Tuesday, January 17, 2023
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The extensive underground exploration drilling programme of 2022 has seen over 17,000 metres of drilling completed.

Key Points: 
  • The extensive underground exploration drilling programme of 2022 has seen over 17,000 metres of drilling completed.
  • This compares with a cash balance of US$10.3 million at the end of September 2022.
  • 2023 PRODUCTION GUIDANCE The Company forecasts combined production from the Palito Complex operations and Coringa Project of between 33,500 and 35,000 ounces of gold during 2023.
  • Serabi closely monitors the performance of its own facility against results from independent laboratory analysis for quality control purpose.

PDO to Pilot Eden’s Novel Electrical Reservoir Stimulation™ Technology

Retrieved on: 
Thursday, September 29, 2022
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Petroleum Development Oman (PDO) recently contracted with Eden GeoPower Inc. (Eden), a Massachusetts-based geotechnical firm, for the use of their Electrical Reservoir Stimulation technology.

Key Points: 
  • Petroleum Development Oman (PDO) recently contracted with Eden GeoPower Inc. (Eden), a Massachusetts-based geotechnical firm, for the use of their Electrical Reservoir Stimulation technology.
  • The Oman-based pilot project includes multiple wells and will be the first project to ever utilize electrical current to stimulate the reservoir.
  • We are excited to apply our reservoir stimulation technology to help further those initiatives, says Ammar Alali, the President and Co-founder of Eden.
  • Learn more at pdo.co.om/en
    Eden GeoPower Inc. (Eden) is developing a novel Electrical Reservoir Stimulation technology to increase subsurface permeability with minimal environmental impact.