Sky Petroleum, Inc. reported that during the month ending December 31, 2007 Mubarek production from the H2 and K2-ST4 wells was 10,832 barrels of oil. The Mubarek H2 well produced 3,200 barrels of oil or 103 bopd and the Mubarek K2-ST4 well produced 7,632 barrels of oil or 284 bopd during December.

During several days in December production from K2-ST4 was suspended while the gas lift system was being checked and valves re-installed. On January 1, 2008 the K2-ST4 well was put back on line and has remained on production since then, averaging 242 bopd for the first week of January 2008.

Tags: Sky Petroleum