Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/news/oil-search-provides-an-update-on-taza-2-well.shtml

Oil Search provides an update on Taza 2 well

Oil Search reports that at 06:00 hours KRI time on 15 January 2014, the Taza 2 well was at a depth of 771 metres and drilling ahead in a 24' hole.

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Oil Search Limited

Oil Search reports that at 06:00 hours KRI time on 15 January 2014, the Taza 2 well was at a depth of 771 metres and drilling ahead in a 24' hole. Progress for the week was 292 metres.

Taza 2 is located 10 kilometres north-west of Taza 1 and will appraise the hydrocarbon-bearing intervals discovered by Taza 1 (Dhiban/Jeribe and Euphrates/Kirkuk Formations), as well as explore deeper Tertiary and Cretaceous targets including the Shiranish Formation.

The participants in Taza 2 are:

Oil Search (Iraq) Limited* - 60% Total E&P Kurdistan Region of Iraq (Taza) B.V. - 20% Kurdistan Regional Government (KRG) - 20% Total 100%

Tags: Oil Search