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Beacon Energy Says LNEnergy Plans Production Test of Colle Santo Gas Wells in Italy

MT Newswires·09/23/2026 05:34:41
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05:34 AM EDT, 09/23/2026 (MT Newswires) -- Beacon Energy's (BCE.L) said LNEnergy will conduct a production test of two existing wells at the Colle Santo gas field in Italy in the coming weeks. Results of the five-day test of wells MP-1 and MP-2 are expected around October-end, the UK-listed energy company said Wednesday. Well testing equipment is expected to be deployed to the site "shortly." Beacon Energy currently owns 24% of LNEnergy, with plans to buy an additional 24%, raising its indirect interests in the latter to 48% and in the Colle Santo asset to 43.2%.