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Hess and Petroceltic to relaunch Kurdistan drilling programme

17th September 2014

Joint-venture partner Petroceltic has announced that drilling operations in Kurdistan are scheduled to resume in early October if circumstances allow and it is anticipated that completion of drilling on Shireen-1 well on the Dinarta block will take a further 90 days

Hess and Petroceltic to relaunch Kurdistan drilling programme
The joint-venture partners have been active in the Kurdistan Region since 2011 when the Shakrok and Dinarta blocks were awarded

Hess and its joint-venture partners plan to recommence drilling operations at their Kurdistan operations following a suspension in August due to the threat posed by Isis’ rapid advance into the region.

The Shireen-1 well in the Dinarta block is targeting a series of stacked potential reservoir units in the Jurassic and Triassic dolomite formations.

The partnership has also commenced civil works and site preparation in respect of the Pires prospect, where a further exploration well is scheduled to commence during the fourth quarter. The Pires well will target a number of stacked potential reservoir units within the Triassic.

“While our exploration wells during this period did not generate commercial discoveries we have high hopes for our continuing exploration drilling programme in Kurdistan,” said Brian O’Cathain, Petroceltic CEO.

The joint-venture partners have been active in the Kurdistan Region since 2011 when the Shakrok and Dinarta blocks were awarded.

Activity for the first half of 2014 consisted of the drilling of two exploration wells. Shakrok-1, drilled on the Shakrok block, was spudded on the 30th August 2013 and reached its total depth of 3,538 meters on 30 March 2014.

The Shireen-1 well on the Dinarta block was spudded on 11 June 2014 and was temporarily suspended, on the 9th August, as a precautionary measure, due to the deteriorating security situation in the region.

Drilling operations are scheduled to resume in early October if circumstances allow and it is anticipated that completion of drilling on the well will take a further 90 days. 

 

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