Early production started at Bijell Field

Kalegran, a 100% subsidiary of MOL, started early production from the Bijell Field on its Akri Bijeel Block, following the successful testing and tie-in of Bijell-1B well to the extended well test (EWT) facility. Early production through the Bijell-1B well is currently around 3,500 barrel per day.

Bijell-2 well gave also promising test results from the Jurassic structure. After reaching and testing its Triassic targets it is planned to be tied in to the EWT by the end of August. Drilling of Bijell-4 well is ongoing, while spud of Bijell-6 well expected in March, both are planned to be tied in to the EWT by year-end.

Kalegran is in the progress of accessing data provided by recent well tests as well as by the interpretation of 3D seismic. The submission of the Field Development Plan after the completion of the assessment of the whole block is due by end of April 2014. An updated total original oil in place (OIIP) and reserve potential estimate of the block will be part of the field development plan.