Croatia's INA submits new commercial discovery

Croatian oil company INA said it has submitted a notice of new commercial discovery.

Izvor: AFX

Wednesday, 18.07.2007.

10:15

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Croatia's INA submits new commercial discovery

It said that its management board has approved the development plan for the Jazal field, following approval from the Syrian authorities earlier this year.

It expects initial rates from the Jazal well of 300 cubic meters per day and the possibility for production to increase to up to 500 cubic meters per day.

The company added that it expects to start production of gas from the Mustadira-1 well in the Hayan block, at initial rates of 500,000 cubic meters per day, by the end of this year.

Its new discovery is its fifth at the Mustadira field.

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