Tag Archives | Gas Plus Khalakan (GPK)

Shewashan Output Significantly Below Target

Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, has issued an end-2017 operations update regarding the Shewashan field. Oil Sales: Total payments received by GPK for oil sales now amount to $9.0 million representing 190,115 barrels of GPK entitlement oil sold through to the end of September […]

Range Energy gives Shewashan Operations Update

Range Energy Resources has announced that Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. Shewashan #4: The 4th well drilled on the Shewashan field, Shewashan #4, has been completed as a deviated producer in the Qamchuqa reservoir formation […]

Range Energy Borrows $1m from Insiders

By John Lee. Canada-based Range Energy Resources has announced that it has received loans totalling CDN$1,315,512 (USD 1 million) from non-arm’s length parties to continue to fulfill its obligations to joint venture participants so that the development of the Khalakan Block in the Kurdistan Region of Iraq can continue as well as provide general working […]

Gas Plus Khalakan (GPK) spuds Shewashan-4 Well

Gas Plus Khalakan (GPK), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, issued an operations update regarding the Shewashan field. The GPK operations update outlines the continued operating and development events occurring on the Shewashan field including the spud of a new well, Shewashan-4. Key events include; Shewashan-4 Spud: The […]

Shewashan-2 Development Well Spudded

Range Energy Resources Inc has announced that Gas Plus Khalakan (GPK), the sole contractor of the Khalakan Block in the Kurdistan Region of Iraq, issued a press release stating that it has spudded the Shewashan-2 development well on 1st October 2015 under Phase 1 of the approved Field Development Plan (FDP) for the Shewashan oil […]

GPK Declares Commerciality for Shewashan Light Oil

By John Lee. Gas Plus Khalakan (GPK) has declared the Shewashan light oil discovery commercial and is preparing the Field Development Plan (FDP) for submission to the Kurdistan Regional Government’s Ministry of Natural Resources in accordance with the Khalakan PSC. Shewashan-1 produced light oil (45API) on test from reservoir zones in the Cretaceous Shiranish, Kometan and […]

Declaration of Commerciality on Khalakan Block

Range Energy Resources has announced that, on October 16, 2014, Gas Plus Khalakan (“GPK”), the sole contractor of the Khalakan Block in the Kurdistan Region of Iraq, announced by press release that it has declared the Shewashan light oil discovery commercial under the terms of the Khalakan Production Sharing Contract (the “PSC”) and is preparing […]