Faroe Petroleum PLC Recommencement of Tambar (1586Z)
13 December 2017 - 6:00PM
UK Regulatory
TIDMFPM
RNS Number : 1586Z
Faroe Petroleum PLC
13 December 2017
13(th) December 2017
Faroe Petroleum plc
("Faroe", "Faroe Petroleum" or the "Company")
Recommencement of production and Infill Programme at the Tambar
Field, Norway
Faroe Petroleum, the independent oil and gas company focusing
principally on exploration, appraisal and production opportunities
in Norway, the UK and Atlantic Margin, reports that production from
the Tambar field in Norway (Faroe 45%) has recommenced, following
the tragic accident on the Maersk Interceptor drilling rig on
Thursday, 7 December 2017.
The Tambar infill and gas lift installation programme has also
recommenced. A full investigation into the accident on the Maersk
Interceptor is being undertaken by the authorities and the Tambar
operator (AkerBP).
With the resumption of all activities at Tambar, Faroe's
production guidance for the year remains unchanged at 13,000 to
15,000 boepd.
- Ends -
For further information please contact:
Faroe Petroleum plc Tel: +44 (0) 1224 650
Graham Stewart, CEO 920
Stifel Nicolaus Europe Tel: +44 (0) 20 7710
Limited 7600
Callum Stewart / Nicholas
Rhodes / Ashton Clanfield
BMO Capital Markets Tel: +44 (0) 207 236
Neil Haycock / Tom 1010
Rider / Jeremy Low
FTI Consulting Tel: +44 (0) 20 3727
Edward Westropp / Emerson 1000
Clarke
This information is provided by RNS
The company news service from the London Stock Exchange
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