KazMunayGas Exploration Production announces additional exploration results at Rozhkovskoye field
07.11.16 15:23
/KASE, November 7, 2016/ – KazMunayGas Exploration Production (Astana),
whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release:
quote
JSC KazMunaiGas Exploration Production (“KMG EP” or the “Company”)
announces the results of an exploratory appraisal well at the Rozhkovskoye
field, located in the Fedorovsky block.
During testing of the lower formation of Tournaisian reservoir in the
exploration well U-25, drilled in 2016, inflow of gas and condensate was
obtained at the interval of 4,418-4,430 meters with an average flow rate of
111,000 m3/day and 245 m3/day respectively on 11 mm choke. Taking into account
that the tested formation is structurally below the currently known gas water
contact, conditionally accepted following the results of the previously drilled
exploration wells, hydrocarbon resources are expected to increase not only due
to further exploration, but also due to update of the area of the remaining
category С1 resources. Testing of upper, main gas-bearing formation of
Tournaisian reservoir will continue after testing of the lower formation is
completed.
unquote
[2016-11-07]