So is this the extension from SA..? Come on GKP, get us diehards some frigging reward for staying the course :)
ShaMaran Petroleum has given an operational update on the Atrush development in the Kurdistan region of Iraq ShaMaran spuds Kurdistan well and prepares to mobilise second drilling rig The DQE31 spudded the Chiya Khere (CK-8) development well from the same well pad on July 19, 2014
The Chiya Khere (CK-5) development well was spudded on May 16, 2014 using the DQE31 drilling rig and reached total depth of 2,098 metres measured depth (1,744 metres true vertical depth) in the Butmah formation on June 28, in 43 days.
The well was drilled ahead of schedule and under budget.
The well was deviated from the same well pad as AT-1 & AT-4 with the bottomhole location approximately 870 metres WSW of the surface location. The average hole angle through the reservoir section was 40 degrees.
CK-5 will be tested using a service rig in early 2015 prior to final completion and tie-in to the Phase One production facility. As in previous wells, no water leg was encountered in the reservoir section, with the well penetrating a gross vertical oil column (assuming an estimated average Free Water level of -443 metres subsea) of approximately 540 metres.
The DQE31 spudded the Chiya Khere (CK-8) development well from the same well pad on July 19, 2014, which is a similar well to CK-5 targeting a bottomhole location approximately 1.5 km ESE of the surface location. This well is also planned to be tested using a service rig in early 2015 prior to final completion and tie-in to the Phase One production facility.
A second drilling rig is to be mobilised in August 2014 to focus on the Phase Two appraisal work which consists of the CK-6 appraisal well (to be drilled from the same well pad as AT-3), the planned retest of AT-3 and the CK-7 appraisal/development well (location under construction).
The Atrush Block is operated by TAQA Atrush B.V., a subsidiary of Abu Dhabi National Energy Company PJSC which holds a 39.9 per cent working interest in the Block. ShaMaran Petroleum Corp. holds a 20.1 per cent working interest through its wholly owned subsidiary, ShaMaran Ventures BV (100 per cent owner of General Exploration Partners, Inc.). Marathon Oil KDV B.V., a wholly owned subsidiary of Marathon Oil Corporation, holds a 15 per cent working interest in the block. Subsequent to their back-in the government of the Kurdistan region of Iraq holds a 25 per cent working interest.
I read your first line and stopped after that. A good sign that you're here though. The trolling pond life tend to accumulate before a rise in GKP. One thing that has been predictable and consistent over the years. I'll wait for the news then bud, good to see you.
.....the pair of you jokers need to wake up, hiding behind some cheap sun glasses - oh please - grow up the pair of you muppets. If, as I stated so long ago, people here had invested their hard earned money on any footsie 100 shares they would have been significantly better of (bar less than 5% of companies). And Chandee, your profits and those of others who are invested in GKP can not be put before people's lives both in Iraq and Kurdistan.
Same old, same old people using the same old excuses.....as usual...here are a handful:
1. Lets all blame the shorters 2. Great price to buy in at 3. It can only go up from here 4. I have averaged down
and not forgetting the ye ole favoutrite.....MMs are holding this share back.......which begs the more serious question....Why are M and Ms different colours? I can't tell the difference in taste from one colour to the next??? Are they suppose to taste different or is it a marketing ploy to make us buy more? Answers on a post card please or call GKP hotline on 0906 789 789, calls are charged at 83.75p per minute, but could be a lot less if you wait a little longer, GLA.
yes isis is small. Can't see the mainstream Sunnis would want to be ruled by them forever plus they will never get foreign support so statehood is impossible. Kurd has no beef with anyone except revenue share with Iraq so the best thing is to probably go their separate way. Only obstacle will be Kirkuk but geographically, Kirkuk is now isolated from Iraq. It can also be legitimised by a referendum (probably after a bout of ethnic cleansing lol)
Maybe what we read is biased here but Kurdy seems a better regime to belong to. At least you get better infrastructure and peace.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.