Tag Archives | Qara Dagh

Chevron Resumes Drilling in Kurdistan

By John Lee. Chevron has reportedly announced that it had resumed drilling operations at the Sarta-3 well in Iraqi Kurdistan. The US company temporarily suspended operations in October following the controversial independence referendum, which increased tensions between Baghdad and Erbil. According to Kurdistan 24, it currently operates and holds an 80-percent contractor interest in two […]

Tags: , , , , , ,

Iraq Britain Business Council welcomes Chevron

By John Lee. Chevron has become the latest member of the Iraq Britain Business Council (IBBC), joining 57 other world- and region-leading organisations that form IBBC’s membership. The company operates and has an 80 percent interest in the Sarta production-sharing contract (PSC) and the Qara Dagh PSC (pictured). The two blocks cover a combined area […]

Tags: , , , , , , ,

Chevron Signs 3rd KRG Oil Deal

By John Lee. France24 reports that Chevron has signed another oil exploration deal in Iraqi Kurdistan. The contract, under which Chevron will acquire an interest in and operatorship of the Qara Dagh block production sharing contract, is the company’s third in the autonomous region; it was previously barred from working in non-Kurdish parts of the country […]

Tags: , ,

Chevron Awarded Stake in Qara Dagh

By John Lee. Iraqi Kurdistan’s energy minister, Ashti Hawrami, is reported as saying that the KRG has awarded Chevron a stake in the Qara Dagh oil block (pictured). Jay Pryor, Chevron’s Vice President for business development, met with Kurdistan President Mr Masoud Barzani at the World Economic Forum in Davos, reports Steel Guru. During the […]

Tags: , , , , , ,

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 […]

Tags: , , , , , , ,

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 […]

Tags: , , ,

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 […]

Tags: , , , , ,

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, […]

Tags: , , ,

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 […]

Tags: , ,

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 […]

Tags: , , ,

Vast Exploration Stock Jumps After Kurdistan Update

Shares in Vast Exploration jumped 16% on Friday after giving the following update on its operations in Kurdistan: – The Qara Dagh -1 well was spud on 12 May 2010 with a planned total depth of 3,600 to 4,000 meters. – As previously reported, the well encountered a 64 meter thick Aalijii zone, potentially containing […]

Tags: , ,

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 […]

Tags: , ,