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Vast Exploration Inc. (CVE:VST) reported that it has concluded operations at the Qara Dagh 01 exploration well.
Vast Exploration Inc. (TSXV:VST) reported that it has concluded operations at the Qara Dagh 01 exploration well.
The press release is quoted as saying:
The well has been drilled to a total depth of 4,196 meters, the maximum depth possible with current drilling equipment, ending in the basal section of the Upper Cretaceous Shiranish Formation. Open hole image logs have positioned the well on the North East structural flank of the Qara Dagh anticline, approximately 400 meters east of the anticlinal core.
Vast Explortion’s President and CEO, Sig Slotboom commented:
“The current well has established a substantial oil hydrocarbon column in the upper Cretaceous. All the geological and geophysical data gained in the current well will be integrated to establish the best location on the structure for the next well to attempt to access prolific reservoirs in the lower Cretaceous. Vast and its partners remain committed to the exploration of the Qara Dagh block”.
Click here to access the entire press release
