First oil at Aseng increases PA Resources production
Production of oil has commenced on the Aseng Field in Block I in Equatorial Guinea. The field will contribute approximately 3,000 barrels of oil per day net to PA Resources. The Aseng project was delivered ahead of schedule and under budget.First oil flowed from the field into the Aseng floating production, storage and offloading (FPSO) vessel on November 6, 2011. The oil production rate has steadily ramped up as 4 subsea wells have been brought online. The field is now producing approximately 50,000 barrels of oil per day gross and will contribute around 3,000 barrels of oil per day to PA
