Iraq: Pulkhana appraisal-development well to spud

By OGJ editors
– ShaMaran Petroleum Corp., Vancouver, BC, has spud the Pulkhana-9 appraisal-development well projected to 2,700 m in Pulkhana field in Iraqi Kurdistan south of Kirkuk.

The well is designed to appraise the proven Euphrates/Jaddala and Shiranish oil reservoirs and to appraise possible upside in the Jeribe and Lower Jaddala formations.

ShaMaran is tendering for a workover rig for the planned third quarter workover of Pulkhana-8 and is progressing with a feasibility study and design for the Pulkhana early production facility to be installed by the end of 2011. The company received ministry of natural resources approval for the Pulkhana-10 appraisal well.

Meanwhile, the company completed its obligations under an option agreement on adjacent Block K42 and will apply to the Kurdistan Regional Government to convert the option agreement to a production sharing contract.

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