Max Petroleum – East Kyzylzhar I Field Begins Production as the Company Hits Record Daily Production Rate of 5,625 BOPD
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce a production update of its activities in the Blocks A&E Licence area in the Republic of Kazakhstan. The Company began testing the KZIE-1 discovery well in the East Kyzylzhar I Field, flowing …
Tethys Petroleum – Kazakh AKD06 well flows over 4,300 barrels of oil per day
Tethys Petroleum Limited today announced that the Cretaceous sand interval on the AKD06 Doris appraisal well had tested oil at a rate of over 4,300 barrels of oil (“bopd”) per day. “This is a very successful appraisal of the Doris discovery and once again shows the good flow potential of …
Tethys Petroleum Limited: Doris AKD06 Well Initial Results
Tethys Petroleum Limited today gave an update on the initial results of the AKD06 Doris appraisal well in Kazakhstan. Drilling data and wireline logs indicate oil in both the Cretaceous sandstone and Jurassic limestone reservoirs. The Cretaceous sandstone has been encountered above prognosis and at a higher elevation than in …
Max Petroleum Mobilisation of Drilling Rig for Pre-Salt Exploration
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that Saipem’s National 1625 DE onshore drilling rig for its deep, pre-salt exploration programme has been released from the previous operator’s location and is currently being mobilised to drill the NUR-1 well …
Tethys Petroleum – Tajikistan Operations Update
Tethys Petroleum Limited today gave an update on its operations in the Republic of Tajikistan. Testing operations are underway on the East Olimtoi EOL09 exploration well located south of the town of Kulob some 10 km north of the Afghan border. This well reached a total depth of 3,765 metres …
Tethys Petroleum Limited: Kazakhstan KBD01 (Kalypso) Exploration Well Update
Tethys Petroleum Limited today announced the initial logging results of its KBD01 (Kalypso) exploration well drilled in the Kul-Bas block some 50 km north west of the Doris oil discovery. The well has now reached total depth in what is initially interpreted to be rocks of Carboniferous age. Electric logs …
Max Petroleum Third Successful Well Drilled in Uytas Field
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, is pleased to announce today that the UTS-3 confirmation well in the Uytas Field has reached a total depth of 825 metres, with electric logs indicating a total of 31 metres of net oil pay in …
New KIOGE business programme ‘looks East’ in 2011.
Kazakhstan’s largest oil and gas trade event, KIOGE will launch a new business-focused conference programme this year on 6-7 October at the InterContinental in Almaty. A key topic of the programme is ‘Looking East’, which explores commercial prospects in the growing Chinese oil and gas market and provides an update …
Tethys Petroleum Update – Kazakhstan July 2011
Tethys Petroleum Limited today updated on the progress on its Kazakhstan oil exploration and appraisal activities. Work is currently concentrating on the testing of the AKD04 (Dero) and AKD05 (Doris) appraisal wells, and on the continued drilling of the KBD01 (Kalypso) exploration well. Following extensive flow periods and multi-rate testing …
KMG EP increased reserves replacement ratio
КаzМunaiGas Exploration Production (“КМG EP” or the “Company”) today announces results of the annual reserves audit, as at 31 December 2010. According to the report by the independent energy consulting firm Gaffney, Cline & Associates (“GCA”), proved plus probable (2P) reserves excluding the stakes in JV Kazgermunai LLP, CCEL and PetroKazakhstan Inc. were …