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CCED discovered oil in 4 reservoirs in Blocks 3 & 4 including Barik, Lower Al-Bashair, Lower Buah,and the Khufai reservoir which has never been produced before in Oman.
The Saiwan East 3 appraisal well in the Khufai reservoir test produced 10,714 bopd on natural flow, probably the highest natural flow well test production rate achieved by any operator in Oman to date.
CCED proved that the prolific Barik reservoir which is a major reservoir in Oman production also extends to Oman Blocks 3 & 4.
CCED significantly exceeded its minimum contractual work program obligations and financial commitments under the Exploration and Production Sharing Agreement with the Government.
CCED successfully fast-tracked the construction and installation of an early production system to commence oil production from its Farha South field in less than nine months from the initial discovery date.
CCED successfully fast-tracked the development of the permanent production facilities achieving full scale production in less than two and a half years from the initial discovery date and leading to a current production rate of approximately 45,000 bopd.