Libya’s state Sirte Oil Company on 28 December announced the successful re-entry of the first of three planned development wells on block NC107 in the Sirte Basin.

The A1-NC107 well tested at a “very encouraging” 2,400 b/d of crude, SOC says. Both this and the other two planned production wells were originally drilled more than a decade ago. (CONTINUED - 128 WORDS)