10,832 Barrels Of Oil Produced In December By Sky Petroleum

(OCTBB:SKPI) Sky Petroleum reported that it has produced in the month of December, 2007 10,832 barrels of oil from the K2-ST4 and H2 wells. On average both wells are producing 375 barrels of oil daily. During December, production of oil on the K2-ST4 well was suspended for several days while the gas lift system was checked and valves re-installed. As of January 1 the well was back on line producing 242 barrels of oil per day for the first week of January.

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