OTCPK:WSRLF - Post by User
Comment by
NilesFoglighton Feb 12, 2014 9:22am
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Post# 22199181
RE:Talisman seespotential to further explore Iraq Kurd Oil Bloc
RE:Talisman seespotential to further explore Iraq Kurd Oil BlocFinAnalyst wrote:
Feb. 12 -- Calgary-based Canadian co. to explore Kurdamir, Topkhana blocks in Iraq’s northern Kurdish region in 2014 as “testing to date has indicated significant potential,” according to statement published today.
• Co. to spud Kurdamir-4 horizontal well, conduct extended well test at Kurdamir-2 to prove continuity of oil formation; to complete drilling, conduct extended test of Topkhana-2 well
• Talisman to continue to explore options to dilute its ownership in Kurdish region of northern Iraq
Dilute it's ownership? That doesn't signal confidence in my book?
very interesteting about the horizontal well though. One of those can yield great production rates.