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Molopo pointed to a release from Fortune, which as operator said it has recently installed larger water pumps at the two wells to increase the dewatering rate. As a result, it said the water level was falling more quickly.
“Currently the gas production is small but is expected to increase once the water level pressure falls below the desorption pressure over the next month,” Fortune said.
“Three other pilot production wells are in progress. Production data from these wells will provide supporting evidence along with the substantial body of geology data for certification of reserves.”
Molopo holds a 40% stake in the Liulin Block, while Fortune holds the remaining 60%.