Tag Archives | Groundstar Resources

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 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 […]

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, […]

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 […]

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 […]

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 […]