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First oil production in the US for Loyz Energy

Tuesday, December 17, 2013 - 06:00

UPSTREAM oil and gas firm Loyz Energy has started its very first oil production, marking a new source of revenue stream. The group said yesterday that a well in North Dakota in the US had reached a stable production of 50-60 barrels of oil a day. The Schlak #3 well is part of an agreement

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