Elixir Petroleum Ltd. has contracted a rig to drill the third development well at Pompano.
Offshore staff
SYDNEY, Australia -- Elixir Petroleum Ltd. has contracted a rig to drill the third development well at Pompano.
The Pompano Project is in shallow waters offshore Texas and currently produces 15 MMcf /d of gas and 50 b/d of condensate from two development wells which are tied back to a production platform.
Elixir has 25% working interest in Pompano, Buccaneer Petroleum Ltd. has 65%, Baron Petroleum Inc. has 7.5%, and Streamline Exploration Inc. has 2.5%.