Caspian Energy Inc.: Testing Results and Drilling Operations Update
Investing News Network - November 17th, 2011
Caspian Energy Inc. (TSX:CEK) announced that it has target depth of 4700 meters after 125 days of drilling activity on well 308 in the East Zhagabulak field.
Caspian Energy Inc. (TSX:CEK) announced that it has target depth of 4700 meters after 125 days of drilling activity on well 308 in the East Zhagabulak field.
As quoted in the press release:
In the very near future, APC plans to perform a well log survey in well 308′s borehole. In order to obtain detailed information on the lower part of the KT-II oil-bearing formation, it has been decided to deepen well 308 by an additional 80 meters; the new total depth of the well is 4780 m., which should be reached very shortly.
Click here to read the Caspian Energy Inc. (TSX:CEK) press release. 