CAMAC Energy Provides Operations Update on Oyo #5 Well Intervention

CAMAC Energy Inc., a U.S.-based energy company engaged in the exploration, development and production of oil and gas, today announced that the well intervention operation on the Oyo #5 well, located in the Oyo Field located offshore Nigeria, which commenced in December 2010 to reduce the gas production from the well, has been successfully completed. The well has been tied back into the FPSO, and further cleanup and data collection to determine optimal flowrate is ongoing. Early results have been encouraging and confirm the reduction in gas production from the well.
Source: Press release