Michael Masterman, CEO of Saffron Energy (AIM:SRON)

Apr 12, 2017, 02:39 PM

Share Talk spoke with Michael Masterman, CEO of Saffron Energy today. We look into the company receiving the final approval from the Italian Ministry of Economic Development (UNMIG) for gas production at the Bezzecca gas field on 11 April 2017. Commissioning and gas production will commence in the coming days.

Bezzecca is located east of Milan within the established prolific, gas-producing Po Valley region in northern Italy and operated by Saffron's subsidiary Northsun Italia SPA (NSI). Gas from Bezzecca 1 is processed at the Vitalba processing plant and directly connected by the national grid.