OTCPK:WSRLF - Post by User
Post by
Amaladeon Apr 15, 2011 2:18pm
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Post# 18438341
Sarqala 1- FYI
Sarqala 1- FYIApril 7, 2011
"Adnan Al Janabi, the chairman of Iraq’s Oil and Energy Committee has said an agreement is likely to be reached in the second half of 2011with Kurdistan on revenues from crude oil exports, Reuters has reported."
Now with that event coming, I believe they should be finished drilling Sarqala 1 , and if that is true, then wire logging, and test of flow rates should take- how long??given it is a 100 meter side track reentry. From the lab analysis of the oil, it is an API 43- light sweet crude formation. IMO, we should hear test results in 1-2 weeks. Good luck WZR and shareholders.