Tag Archives | Zey Gawra

Oryx Petroleum to drill third Well at Zey Gawra

Oryx Petroleum has given an update on its operations in Iraqi Kurdistan. In December 2016, the Zey Gawra-1 well was side-tracked (referred to in this press release as the “Zey Gawra-1ST well”) and completed in open hole partially penetrating the Cretaceous reservoir in the Zey Gawra field. Production from the naturally flowing well is currently […]

Oryx Petroleum and Zeg Oil Announce Strategic Investment

Oryx Petroleum Corporation Limited and Zeg Oil and Gas Ltd have announced that they have entered into a definitive agreement whereby Zeg Oil has subscribed for and been issued 75.7 million common shares of the Corporation for consideration of $30 million. In addition, Oryx Petroleum intends to contract with an affiliate of Zeg Oil for […]

Oryx Petroleum 3Q Results and 2016 Capital Budget

Oryx Petroleum has announced its financial and operational results for the three and nine months ended September 30, 2015 and its capital expenditure budget for 2016. All dollar amounts set forth in this news release are in United States dollars, except where otherwise indicated. Financial Highlights: Total revenues of $4.2 million on working interest sales […]

Oryx Resumes Kurdistan Operations

By John Lee. Oryx Petroleum has announced an update for its operations in the Hawler license area of the Kurdistan Region of Iraq. Commenting today, Oryx Petroleum´s Chief Executive Officer, Michael Ebsary (pictured), stated: “We are very pleased that tangible improvements to the security environment in the Kurdistan Region have enabled us to resume all […]

Oryx Petroleum Strikes Oil at Zey Gawra

By John Lee. Oryx Petroleum today announced a successful oil discovery at Zey Gawra in the Hawler license area. The ZEG-1 well was flow tested at an average rate of 4,800 barrels per day of light crude oil from an 81 metre column. A Notice of Discovery has been filed by the Corporation with the […]

Oryx Updates on Kurdistan Operations

Oryx Petroleum has announced an update on its activities in the Kurdistan Region of Iraq. Chief Executive Officer, Michael Ebsary (pictured), stated: "We continue to make great progress on all fronts in our Hawler license area. Progress continues towards first production from the Demir Dagh discovery with an early production facility now contracted and we […]