By John Lee. The Energy Committee of Maysan's Provincial Council has announced the discovery of an oil field in Ezair district, 70 km southwest of the city of Amara (pictured). The Committee's Chairman, Amer Nasrallah, told NINA that an exploratory well had been drilled to a depth of 4,260 meters at the Deemeh field, and […]
By John Lee. Shares in Gulf Keystone (GKP) were up more than 5% on Friday following the company's submission of a 'Declaration of Commercial Discovery' relating to its Shaikan Block in Iraqi Kurdistan. Todd Kozel (pictured), Gulf Keystone's Executive Chairman and Chief Executive Officer commented: "Declaration of Commercial Discovery is an important milestone for Gulf […]
By John Lee. Shares in Afren plc were up 8% on Thursday morning following the announcement that the Simrit-2 exploration well in the Kurdistan region of Iraq has been drilled to a depth of 3,800 metres and the total net oil pay has increased to 460 metres. In addition, a cumulative flow rate of 13,584 […]
Shares in Afren jumped more than 10% in early trading, before falling back slightly, following the company's announcement that the high impact Simrit-2 exploration well, located on the Ain Sifni PSC in the Kurdistan region of Iraq, has discovered a significant oil accumulation based on the results of drilling, wireline logs and sidewall core sampling. […]
WesternZagros Resources has made a major oil discovery in the Oligocene reservoir at the Kurdamir-2 exploration well in the Kurdistan Region of Iraq. The Kurdamir-2 well has reached the intermediate casing depth of 2,812 metres, and has drilled through the Oligocene interval. Wireline logs indicate a porous zone of 140 metres thickness within the Oligocene […]
WesternZagros Resources has made an oil discovery in the Upper Fars Formation at the Mil Qasim-1 exploration well in the Kurdistan Region of Iraq. Mil Qasim-1 Discovery Well (Garmian Block) Lower Bakhtiari and Upper Fars Formations Mil Qasim-1 was drilled to a total depth of 2,425 metres in December 2011 ahead of time and on […]
Iraq's Oil Ministry announced on Wednesday that it has discovered a new oil field in the Missan [Maysan] province, and described it as the biggest achivement in 30 years. According to the report from AKnews, the Iraqi Oil Minister Abdul Kareem Luaibi [Elaibi] told a press conference: "Iraqi Oil Company and the Southern Oil Company […]
Iraq has discovered an oil and gas field in Anbar province in the west of the country, Bloomberg reports. The Khasfah [Khasfa] field is between Al-Qaim and Rawa, Saadoun al-Shaalan, deputy head of the Anbar province council, said today in a statement. No data on the field’s reserves are available, according to the statement. (Source: […]
Shares in WesternZagros Resources are up 35% on Tuesday following the company's announcement of an oil discovery in the Jeribe Formation at the Sarqala-1 exploration well in the Kurdistan Region of Iraq. The cpmpany says the Jeribe Formation flowed light, 40 degrees API oil at a stabilized rate of 6,000 barrels per day over the […]
ShaMaran Petroleum Corp has announced a major oil discovery in the recently drilled Atrush-1 exploration well in Kurdistan. The Atrush-1 well was spud on October 5, 2010 and successfully reached a revised total depth of 3400m on January 21, 2011 after 91 days. The well was drilled on time and within budget and encountered a […]
