Revus increases production

Revus Energy ASA, in connection with a presentation to investors in London, a significant increase in production. The production net to Revus is expected to reach a level of 9,000 boepd in the next few days representing an increase of approximately 50 per cent from the average production the last 3 months.

The main contribution to the increased production rate is the completion of a new well on the Broom field which is expected to bring the field’s production up to approximately 20,000 boepd gross (Revus has a 29 per cent interest in the field). An infill well on the Murchison field has also recently been put on production contributing to the company’s production increase.

Revus will carefully monitor and evaluate the production development on its fields over time before a potential revised guiding estimate will be provided to the market.