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“We are very exited about the as it adds near term production and reserves, without any further investments”, says CEO Scott Kerr.
Knockondoo-Talisker is part of Noreco’s extensive exploration and appraisal drilling programme, where nine of the first ten wells to date have been successful. Noreco expects the Knockandoo-Talisker well to produce up to 10,000 barrels of oil equivalents per day gross once it has been completed in mid November 2008, and will contribute significantly to Noreco’s production in 2009.
www.noreco.com
