Eland Oil & Gas PLC announced that regulatory approval has been obtained for the Gbetiokun Field Development Plan ("FDP") from the Department of Petroleum Resources. The FDP caters for the drilling of an additional five oil production wells during phase 1 of the development, followed by the drilling of a further six oil production wells and a single workover well (the conversion Gbetiokun-2 to a water disposal well) during phase 2. Furthermore, following the successful completion of remedial and upgrade works on the swamp drilling unit "OES Teamwork", company announced the spudding of the Gbetiokun-4 well on 12 July 2019. It is intended that this well will be completed as a dual string producer on the E3000 and E5000 reservoirs with an estimated initial production rate of between 3,000 and 5,000 bopd.