ShaMaran Petroleum Tests Oil From the Pulkhana-8 Re-Entry Well

Oil and Gas Investing

ShaMaran Petroleum Corp. (TSXV:SNM) provided operational update on the Pulkhana-8 re-entry well.

ShaMaran Petroleum Corp. (TSXV:SNM) provided operational update on the Pulkhana-8 re-entry well.

As quoted in the press release:

The Pulkhana-8 Re-entry well (“PLK-8RE”) tested an average rate of 2,650 barrels of 31.6 degree API oil per day from the Upper Cretaceous Shiranish formation (high rates of up to 3,530 barrels of oil per day were recorded during the test). The well continued to clean up during the test and produced an average of 24.6% muddy water which is believed to be drilling fluids and lost circulation material associated with the initial drilling of the well in 2006.

Click here to read the ShaMaran Petroleum Corp. (TSXV:SNM) press release 

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