AZA anzon australia limited

oil oil oil .............................., page-11

  1. 3,469 Posts.
    re: bmg commissioning ann Now down to bizz . Manta -2A flowing , the rest should be easy .....

    18 December 2006
    The Manager, Companies
    Australian Stock Exchange Ltd
    Electronic Announcement System
    Dear Sir,
    ANZON AUSTRALIA LIMITED (ASX CODE: AZA)
    ANNOUNCEMENT TO THE ASX
    BASKER MANTA PROJECT COMMISSIONING
    Please refer attached Media Release.
    Yours sincerely,
    Tony J Strasser
    Company Secretary
    ASX/MEDIA RELEASE
    18 December 2006
    BASKER MANTA COMMISSIONING
    PRODUCTION FROM GIPPSLAND BASIN PROJECT
    The Basker Manta Joint Venture is delighted to announce the first production from the Basker Manta project, marking the completion of the A$330 million world class offshore development in Gippsland.
    Production from the Manta 2A well was received yesterday at the FPSO “Crystal Ocean”. During this week the other three oil producers Basker 2, 3, and 5 will be brought onstream, the gas compressor will be commissioned and gas re-injection to Basker-4 will commence. A further announcement will follow once full rates are achieved.
    Mr. Steven Koroknay, Chairman Anzon Australia Limited said this two year project has been a very significant achievement for the Anzon/Beach Joint Venture, and its contract Project Manager Upstream Petroleum Pty Ltd.
    The participants in the Basker-Manta Joint Venture are:
    Anzon Australia Limited 50% (Operator)
    Beach Petroleum Limited 50%
    Andrew A. Young
    Executive Director/COO
    Sydney, Australia
 
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