Iraq: Structures indicated on Khalakan block

By OGJ editors
HOUSTON, Jan.
18 – A group led by New Age (African Global Energy) Ltd. has completed shooting 250 line-km of 2D seismic on the Khalakan block east of Taq Taq oil field in Iraqi Kurdistan.

Initial rudimentary processing and interpretation indicates several surface and subsurface structures that are of immediate interest, said Range Energy Resources Inc., Vancouver, BC, which has an indirect 24.95% working interest in the block.

In addition to the seismic, Range independently commissioned a field geological survey over the structures by Iraqi geologists familiar with the area’s structural complexities. The additional surface geological and structural data obtained from the field will greatly aid seismic program interpretation, Range Energy said.

Seismic will be processed in Germany and interpreted in London and Calgary, with data available for comparison and integration in February 2011.



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