ShaMaran Petroleum Corp V.SNM

Alternate Symbol(s): SHASF

Energy Oil & Gas E&P

ShaMaran Petroleum Corp. is a Canadian independent oil and gas company focused on the Kurdistan region of Iraq (KRI). The Company is engaged in the business of oil and gas exploration and production and holds interests in production sharing contracts. The Company indirectly holds an 18% working interest (22.5% paying interest) in the Sarsang Block in the KRI through its wholly owned subsidiary ShaMaran Sarsang A/S and a 50% working interest (66.67% paying interest) in the Atrush Block in KRI through its wholly owned subsidiary General Exploration Partners, Inc. (GEP). The Company is focused on developing the considerable reserve and production upside potential of its projects.

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ShaMaran Petroleum Corp

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Post by KLunsenon Jul 13, 2012 4:16am

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Post# 20109933

DRILLING REPORT -12 July 2012, Taza 1 @ 361 m

DRILLING REPORT -12 July 2012 WELL NAME: Taza 1, Kurdistan Region of Iraq

Oil Search reports that as at 06:00 hours KRI time on 12 July, the Taza 1 well was at a depth of 361 metres. The operation was briefly put on hold last weekend as a precaution due a nearby labour dispute, which has now been resolved and the operation will resume by the weekend.
During the week, 97 metres of 26" hole was drilled.
The Taza prospect is located approximately 80km southwest of the city of Sulaymaniyah. The primary objectives are Miocene and Oligocene carbonates of the Jeribe and Euphrates Formations.
The well's planned depth is 3,250 metres and it is estimated to take approximately 100 days to drill.

https://www.4-traders.com/OIL-SEARCH-LIMITED-6491451/news/Oil-Search-Limited-Drilling-Report-Trapia-1-Taza-1-14412277/

Mvh / K

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