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PTT Exploration and Production Public : First oil production of Algeria Hassi Bir Rekaiz Project – Marketscreener.com

PTTEP 13061/00-5105/2022
Investor Relations
Tel. +66(0) 2537 4259, +66(0) 2537 5522
1 June 2022
President
The Stock Exchange of Thailand
93 Ratchadapisek Road, Din Daeng
Bangkok 10400
Dear Sir,
Subject: First oil production of Algeria Hassi Bir Rekaiz Project
PTT Exploration and Production Public Company Limited (PTTEP) would like to announce that the Algeria Hassi Bir Rekaiz Project, in partnership with SONATRACH SPA, has successfully commenced the production with the oil production target at 13,000 barrels per day. The Project will add the total production volume and support the long-term growth of the company.
The Algeria Hassi Bir Rekaiz Project is located onshore, in the eastern part of the People’s Democratic Republic of Algeria, covering an area of 1,916 square kilometers. The Project’s consortium consists of PTTEP at 49% and SONATRACH (Algeria’s National Oil and Gas company) at 51%.
Please be informed accordingly.
Sincerely yours,
Montri Rawanchaikul
Montri Rawanchaikul
Chief Executive Officer
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Disclaimer
PTT Exploration & Production pcl published this content on 01 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2022 14:41:05 UTC.

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