Independent daily Newspaper

 Home

 Old Archive RSS Feed    Advertise

About

Music 

 Oil Search signs up for Kurdistan seismic

 Source : UPI
  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 


Oil Search signs up for Kurdistan seismic  25.8.2009   



August 25, 2009

ERBIL-Hewlr, Kurdistan region 'Iraq', Oil Search has signed a seismic option agreement with the Kurdistan Regional Government over Block K42 in Iraq.

Under the agreement, Oil Search will fund the acquisition of 200 kilometres of 2D seismic within the next six months.

After completing the seismic acquisition, Oil Search will have the option to sign a full production sharing contract for Block K42.

K 42 covers 511 square kilometres in the south-eastern fairway of the Zagros fold belt of Kurdistan,
www.ekurd.net next to the Pulkhana discovery and the Kor Mor gas condensate field, which is under development.

No previous drilling has taken place in the onshore block, but Oil Search said it is likely to contain highly productive Cretaceous and Tertiary intervals present in the region.

Copyright, respective author or news agency, upstreamonline com   

Top

  Kurd Net does not take credit for and is not responsible for the content of news information on this page

 
 

Copyright 1998-2016 Kurd Net . All rights reserved  Ekurd.net
All documents and images on this website are copyrighted and may not be used without the express
permission of the copyright holder.