Tethys Petroleum Limited (TSE:TPL) today gave a brief update on its operations in Kazakhstan focused on its oil exploration and appraisal program.
Tethys Petroleum Limited (TSX:TPL) today gave a brief update on its operations in Kazakhstan focused on its oil exploration and appraisal program.
The press release is quoted as saying:
The AKD03 (Dione) exploration well is currently at a depth of 2,823 metres (in what is interpreted to be the middle Jurassic sequence) and casing has been run. Hydrocarbons have been indicated from drilling and log data in three zones and a testing programme is planned for the near future. Once this testing programme has been carried out the well will be drilled deeper into the Triassic sequence. The G6RE (Dodone) well has now been drilled to a depth of 2,835 metres in order to test a deeper potential oil bearing zone identified from the wireline logs in the original G6 hole. The hole is currently being prepared to run casing but differential sticking in the bottom section probably caused by higher formation pressures and permeable zones has slowed down the process. Once casing has been run, preparations for testing can commence. On the AKD02 (Doris NW) well further testing of the Jurassic carbonate interval awaits commencement of the testing programme on the G6RE well, with both wells being tested as part of
an integrated program to maximise efficiency.