OTCPK:WSRLF - Post by User
Comment by
Fusaichi777on Jun 06, 2012 5:34pm
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Post# 19986957
RE: RE: News
RE: RE: News So no oil production from Sarqala for at least a month?
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The Company is in discussions with the Ministry of Natural Resources of the Kurdistan Regional Government with respect to a declaration of commerciality and the submission of a development plan for Sarqala. A planned wireline program commenced on May 28, 2012 to remove the pressure gauges in the well and prepare the well for continued production. During the attempted removal of the gauges, the subsurface valve malfunctioned. The Company is currently securing specialized equipment to remediate the issue. It is anticipated that this intervention could take a minimum of one month to complete.
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