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Calibre Provides Update on Bina-Bawi 1 Exploration Well in Northern Iraq

Source: www.gulfoilandgas.com 3/22/2007, Location: Middle East

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Calibre Energy, Inc. announced that the Bina-Bawi 1 exploration well, located in Iraqi Kurdistan, was waiting on material and testing equipment for the planned testing of the well.

As previously announced, the Bina-Bawi 1 reached a total depth of 3,355 meters (11,007 feet) and awaits the commencement of testing to determine the productive and commercial potential of at least three zones intersected by the well. The Joint Venture has agreed to commence testing to determine the productive and commercial potential of at least three zones intersected by the well. Furthermore, the Joint Venture anticipates drilling the Bina-Bawi 2 appraisal well upon the completion of the Bina-Bawi 1 in order to evaluate and test the prospective intervals in the Upper Cretaceous.

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Related Categories: General  Hydrostatic Testing  Inspection  Laboratory Services  Non Destructive Testing  Testing 

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