Tag Archives | Vast Exploration

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 […]

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 […]

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, […]

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 […]

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 […]

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 […]

Vast Exploration Updates on Kurdistan Drilling

Vast Exploration (TSX-V: VST) has issued a progress update on the drilling of its Qara Dagh -1 exploration well, and announced the appointment of General John P. Abizaid to the Advisory Board of the Company. The Qara Dagh Well was spud on 12 May 2010 with a planned total depth of 3,600 to 4,000 meters. […]

Vast Exploration Updates Iraqi Ops

Vast Exploration Inc. has provided an update on the settlement of final payment terms with the Kurdistan Regional Government with regard to the acquisition of an additional 10% working interest announced in September 2009, and a progress update on the Qara Dagh – 1 Exploration Well. Capacity Building Payment “Profits Royalty” As previously announced, in […]