Iraq Business News: Genel Energy Spuds Chia Surkh 10 Exploration Well

Iraq Business News All the latest business news from Iraq

Genel Energy Spuds Chia Surkh 10 Exploration Well Oct 8th 2012, 17:57 By John Lee. Genel Energy has announced that the Chia Surkh 10 exploration well was spudded on 7th October 2012. The Chia Surkh 10 well is the first exploration well to be drilled on the Chia Surkh exploration block whichcovers an area of 984 square kilometres in the southern part of the Kurdistan Region of Iraq and has prospective resources estimated at more than 300 million barrels of oil equivalent. The well is designed to test the Lower Miocene to Palaeocene section. It is anticipated that the well will be drilled to a total depth of approximately 2,500 metres and results are expected in the first quarter of 2013. Genel Energy is the operator and has a 60% operated interest. (Source: Genel Energy)

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