Jura Energy commences drilling in Badar lease (Scandinavian Oil-Gas Magazine)

Jura Energy commences drilling in Badar lease

Published Apr 24, 2014

Jura Energy Corporation announced that the drilling of Badar-2 development well has commenced in the Badar lease. The projected depth of the well is 1,445 meters, which will target the Sui Main Limestone formation of Eocene age.

Anticipated future incremental production from Badar lease after drilling of development well Badar-2 is expected to be entitled to a gas price of US$ 6 per MMBtu under Pakistan's Petroleum (Exploration & Production) Policy, 2012.

The Badar lease covers an area of 122 km² and is located in the Middle Indus Basin of Pakistan, close to major industrial gas markets and infrastructure.

Tags: Jura Energy Corporation

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