OTCPK:WSRLF - Post by User
Post by
Amaladeon Jan 14, 2010 2:03pm
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Post# 16679505
Wait and see- Drilling going well!!
Wait and see- Drilling going well!!- As Kurdamir -1 is located at the crest of the Kurdamir structure, and as no porous reservoir was encountered below 2,312 metres, it is uncertain whether the gas and condensate encountered is in a gas cap, associated with a deeper oil column downdip on the flanks of the structure, or in a non-associated accumulation without any oil downdip. Gas caps that occupy a crestal position are a common occurrence in the Tertiary reservoirs of the established fields in the Kirkuk area. They are frequently associated with downdip oil columns or deeper oil columns in the Cretaceous (e.g Kirkuk, Bai Hassan, Jambur, Khabbaz and Kor Mor fields).
From their previous NR, Nov. 2009- financial results.
They are currently in the Cretaceous Zone. Info as per IR - Lisa. Remember , this is Tight hole black out status.
GLTA