PETROMIN ANNOUNCES UPDATE OF MORNINGSIDE PROJECT
Friday, 11 January 2013
Petromin Resources Ltd. announces that, due to a recent sudden increase
in excess production gas needing to be flared at its15-23-42-28W4M Morningside
oil well, Petromin has temporarily suspended production testing to comply with
the Energy Resources Conservation Boards’ request to complete an economic study
of the flared gas.
This will help determine the economic viability
of compressing the excess gas that is not used to fuel operations for sales
into the Company's existing pipeline on the current surface lease.