PETROMIN RESUMES PRODUCTION TESTING AT MORNINGSIDE
Tuesday, 14 May 2013
Petromin Resources Ltd. is pleased to
announce that the Company has completed the construction of facilities
necessary to tie in the previously flared excess production gas into the offsetting
gas pipeline, and the Company has received all necessary approvals to resume
production testing of its Ellerslie Oil well.
Morningside is a multi-zone prospect with additional targets in the Basal
Quarts (Ellerslie) formation, and bypassed gas targets in the Glauconitic,
Osteracod, Belly River and Coalbed Methane (CBM) formations.
The Company retains an over-riding royalty before payout convertible to 25%
working interest after payout.