OTCPK:WSRLF - Post by User
Post by
nodrog777on Nov 06, 2013 5:36am
446 Views
Post# 21879887
From talisman release
From talisman release
Kurdistan Region of Iraq
In Kurdistan, testing is now complete on the company's K-3 appraisal well. The testing confirms the presence of oil on the southwestern flank of the Kurdamir structure, which is deeper than previously proven in the K-2 well. The testing and build up data indicates lower than expected permeability when compared to previous wells drilled in the Kurdamir and Topkhana Blocks. Interpretation of the drill stem test results are ongoing and include analyses of collected oil and formation water samples. The oil quality is similar to K-2 results. The Topkhana-2 well is expected to spud late in the fourth quarter.
The 3D seismic acquisition program over the Topkhana and Kurdamir blocks was completed in the third quarter. The company continues to look at options to monetize a portion of its net working interest in Topkhana, which will also reduce its capital exposure going for