Source - SMW
Zenith Energy said recent production tests on a new oil well in Azerbaijan have recorded a stabilised flow rate averaging around 50 barrels per day.

The company had announced earlier this month that production from the well, C-21, had been restored at a rate of 15 BOPD. 

In light of the new, higher rate achieved, the company is mulling whether to install an electric submersible pump. 


At 9:12am: (LON:ZEN) Zenith Energy Ltd share price was +0.75p at 9p