Oil Search Limited announces Taza 1 ST2 and Semda-1 well drilling report

Thursday, February 7, 2013
  • Taza 1 ST2 well was at a depth of 3,251 metres.
  • Semda-1 well was at a depth of 320 metres.

Oil Search reports that as at 06:00 hours KRI time on 7 February, the Taza 1 ST2 well was at a depth of 3,251 metres and drilling ahead in a 6' hole towards the Euphrates Formation. Progress for the week was 197 metres.

During the week, the second sidetrack, ST2, was kicked off from a depth of 3,054 metres, just above the top of the Jeribe Formation.

The Taza prospect is located approximately 80 kilometres southwest of the city of Sulaymaniyah. The primary objectives are Miocene and Oligocene carbonates of the Jeribe and Euphrates Formations.

Oil Search reports that as at 06:00 hours Tunisian time on 6 February, the Semda-1 well was at a depth of 320 metres and was preparing to drill ahead in a 17-½' hole. During the week, 182 metres of 26' hole was drilled and the 20' casing was set.

The Semda prospect is located approximately 150 kilometres southwest of the city of Tunis. The primary oil objectives, which are of Cretaceous age, are the Aptian Serdj Dolomites, the Barremian Bed Bars and Sidi Aich Clastics. Deeper gas objectives are also present.

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. More

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