Tag Archives | Groundstar Resources

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Vast Exploration Hands Back Qara Dagh Block

By John Lee. Vast Exploration has announced that along with its consortium partners, Niko Resources and Groundstar Resources, it has entered into a relinquishment and termination agreement with the Kurdistan Regional Government to surrender their collective interests in the Qara Dagh Block (pictured). Vast acquired a working interest in the block under a production sharing […]

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Groundstar Resources Presses Ahead at Qara Dagh

Groundstar Resources has announced that it is joining with its partners, Niko Resources and Vast Resources, in proceeding at Qara Dagh, where site-preparation, engineering and logistics will be carried out in the first half of 2012. The QD-2 well is anticipated to spud in the second half of 2012. Groundstar and partners are also exploring […]

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Groundstar Concludes Operations at Qara Dagh; Shares Plunge

Groundstar Resources has announces that the consortium has concluded operations at the Qara Dagh -1 exploration well; the company’s shares closed down 28% on Friday. The well has been drilled to a total depth of 4,196 meters, the maximum depth possible with current casing and drilling equipment, ending in the basal section of the Upper […]

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Groundstar, Vast, Slump on Qara Dagh Update

Shares in Groundstar Resources closed down 29% on Monday, with Vast Exploration down 54%, following their report of unsteady output at the Qara Dagh – 1 exploration well in Kurdistan, Iraq. Drilling of the Qara Dagh – 1 well has reached a total depth of 3,908 meters, has been log evaluated and, as previously reported, […]

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Groundstar Resources Drilling Update on Qara Dagh

Groundstar Resources has announced the following update on the drilling progress of the Qara Dagh – 1 exploration well in Kurdistan, Iraq. Since the last update on January 14, 2011, the well has drilled to 3,558 meters measured depth (“MD”). Over the past several days, a 7 inch liner has been set and cemented at […]

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Update on Qara Dagh Exploration Well in Kurdistan

Vast Exploration and Groundstar Resources have issued an update on the drilling progress of the Qara Dagh – 1 Exploration Well. Since the last update on December 13, 2010 the well has been drilled down to 2,522 meters, and over the past several days, an intermediate 9 5/8 inch casing string has been successfully set […]

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Groundstar Resources Operations Update

We reported yesterday on Vast Exporation‘s Qara Dagh operations in Kurdistan. Groundstar Resources (TSXV: GSA), Vast’s partner in the project, have now given their take on the situation: Qara Dagh-1 well is drilling 12 1/4 inch hole at about 2,200 meters. The well was spud on 12 May 2010 with a planned total depth of […]

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