Erin Energy Announces Oyo-8 Well Resumes Production

(BUSINESS WIRE)-- Erin Energy Corporation (“Erin Energy” or the “Company”) (NYSE MKT:ERN) (JSE:K) announced today the Island Constructor light well intervention (LWI) vessel has successfully completed work on the Oyo-8 well and the Company has resumed production from the well.

Erin Energy will now begin a ramp up of production from the well over the next few days to pre-shut in levels of approximately 7,000 barrels of oil per day. The vessel performed LWI service on the Oyo-8 well, to open the sub-surface controlled sub-surface safety valve (SCSSV), which failed to re-open following a planned production curtailment in the Oyo field.

“We are pleased to have Oyo-8 back on production with the work completed on time and within budget,” said Segun Omidele, Chief Operating Officer. “I thank the team and our service partners for their quick and efficient work. ...

Source : http://me-newswire.net//news/17763/en...