The Nervesa discovery was drilled successfully by the Company in 2013 and benefits from a gas sales agreement with the Shell Group.
A further announcement confirming production rates will be made in due course, after the initial clean-up phase is completed and the stable flow rate has been assessed.
The Company’s webcam will now depart Italy for Morocco, where the Company is approaching its first well at the Tendrara licence.
James Parsons, the Company’s Chief Executive, commented:
"First gas at Nervesa is a landmark event for the Company, providing energy to a robust domestic market and further underpining our broader Mediteranean expansion."
