Winstar Reports Tunisian Operational Results; Start-up of Gas Sales Project and Sabria N3H Well Production Test



    CALGARY, April 6 /CNW/ - Winstar Resources Ltd. ("Winstar" or the
"Company") (TSX: WIX) releases an operational update on the gas sales pipeline
and compression facility from its southern Tunisian Chouech Essaida and Ech
Chouech Concessions as well as an update on the most recent production rates
recorded from its re-entry and drilling operation at the Sabria N3H well on
the Sabria Concession in Central Tunisia.

    Gas Sales Project

    The Company announces the successful start-up of the 80 kilometre gas
sales pipeline and associated compression and gas sales measurement
facilities. This project represents the largest and most ambitious facility
investment by the Company to date. The new gas pipeline enables the sale of
the associated gas from the Chouech Essaida and Ech Chouech concessions.
Initial gas sales are approximately 1.0 million of cubic feet per day
(mmscf/d) which is expected to increase to 2.0 to 2.5 mmscf/d or (330 to 415
boepd) by the end of April as the system and existing wells are fully
commissioned. The gas is sold to the Tunisian National Electrical and Gas
Utility (STEG), at their receiving point near the El Borma oilfield located
approximately 80 kilometres north of Chouech Essaida at the Southern terminus
of the Tunisian National Gas Transmission system. Gas prices are regulated by
the National Hydrocarbon Law of Tunisia and are established related to the
nine month trailing average price of low sulphur heating fuel delivered within
the Mediterranean region. The current natural gas price (April 2009), expected
from this project is approximately $Cdn12.50/mcf. Winstar owns and operates a
100% working interest in the Chouech Essaida and Ech Chouech Concessions
located in the Sahara desert of Southern Tunisia.

    Sabria N3H Well

    The stabilized flow rates from the Sabria N3H well, (since the first of
April 2009), through a wellhead choke of 13/64 inches, and recorded at a test
separator at the Sabria Central Production Facility some 4 kilometers from the
well-head, is 195 to 200 boepd. The stabilized daily flow rate over that 5 day
interval consists of 130 to 135 barrels of (40 to 42 API degree) oil per day
with 400 to 420 thousand cubic feet per day of natural gas (65 to 70 boepd)
plus 55 to 60 barrels of water per day with a flowing well head pressure of
approximately 1,045 pounds per square inch. Operational plans concerning the
optimization of the well are under discussion with Winstar's 55% partner,
Enterprise Tunisienne D'Activités Petrolières (ETAP), the Tunisian National
Oil Company. Winstar operates and owns a 45% working interest in the Sabria
N3H well and the Sabria Concession in Central Tunisia.

    BOE

    References herein to boe mean barrels of oil equivalent derived by
converting gas to oil in the ratio of 6,000 cubic feet (mcf) of gas to one
barrel (bbl) of oil. Boe may be misleading, particularly if used in isolation.
A boe conversion ratio of 6 mcf: 1 bbl is based upon an energy conversion
method primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead.

    Forward-looking Statements

    This press release contains certain forward-looking statements. These
statements relate to future events or future performance of the Company. When
used in this press release, the words "may", "would", "could", "will",
"intend", "plan", "anticipate", "believe", "estimate", "predict", "seek",
"propose", "expect", "potential", "continue", and similar expressions, are
intended to identify forward-looking statements. These statements involve
known and unknown risks, uncertainties, and other factors that may cause
actual results or events to differ materially from those anticipated in such
forward-looking statements. Such statements reflect the Company's current
views with respect to certain events, and are subject to a number of risks,
uncertainties and assumptions. Many factors could cause Winstar's actual
results, performance, or achievements to materially differ from those
described in this press release. Should one or more of these risks or
uncertainties materialize, or should assumptions underlying forward-looking
statements prove incorrect, actual results may vary materially from those
described in other public disclosures made by the Company or this press
release as intended, planned, anticipated, believed, estimated, or expected.
Specific forward-looking statements in this press release include, among
others, statements pertaining to the following: factors upon which Winstar
will decide whether or not to undertake a specific course of action; and
estimated volumes and timing of future production; business plans for
drilling, exploration and development; and other expectations, beliefs, plans,
goals, objectives, assumptions, information and statements about possible
future events, conditions, results of operations or performance. The risks to
which the Company is subject include those of the oil and gas industry in
general, including operational risks in exploring for, developing and
producing crude oil and natural gas; risks and uncertainties involving geology
of oil and gas deposits; volatility in global market prices for oil and
natural gas; general economic conditions; competition; liabilities and risks,
including environmental liability and risks, inherent in oil and gas
operations; uncertainties as to the availability and cost of financing and
changes in capital markets; alternatives to and changing demand for petroleum
products; and changes in legislation and the regulatory environment, including
uncertainties with respect to the Kyoto Protocol. Furthermore, statements
relating to "reserves" or "resources" are deemed to be forward-looking
statements, as they involve the implied assessment, based on certain estimates
and assumptions that the resources and reserves described can be produced
profitably in the future. The forward-looking statements contained in this
press release are expressly qualified in their entirety by this cautionary
statement. These statements speak only as of the date of this press release.
The Company does not intend and does not assume any obligation, to update
these forward-looking statements to reflect new information, subsequent events
or otherwise, except as required by law.

    About Winstar

    Winstar Resources Ltd. is a Calgary-based junior oil and gas Company,
which explores for, develops, produces and sells crude oil, natural gas
liquids and natural gas in Tunisia, Alberta, Hungary and Romania. Winstar's
common shares trade on the Toronto Stock Exchange under the symbol WIX.





For further information:

For further information: Winstar Resources Ltd., Mr. David Monachello,
President, (403) 513-4200, Email: dmonachello@winstar.ca; Winstar Resources
Ltd., Mr. Charles de Mestral, Chief Executive Officer, Toll-free (Canada and
USA): 1-800-875-1217, or +41 22 949 10 40, (Note: Mr. de Mestral is based in
Europe, in a time zone eight hours ahead of Calgary time), Email:
cdemestral@winstar-resources.ch

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Winstar Resources Ltd.

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