AAG Energy (02686) said its total average daily production and gross production in the first quarter ended 31 March 2017 amounted to 1.58 million cubic meters (mmcm) and 142.64 mmcm, an increase of 20% and 19% from the same period last year.
The sales utilization rate in Panzhuang remained high at 97% over the first quarter of 2017.
AAG Energy currently have 5 rigs running and are on schedule to complete the 2017 drilling plan of 29 ingle lateral horizontals (SLH) wells.
24/04/2017 17:04
AAG Energy (02686) 1Q total gross production up 19%
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