Gulf Oil and Gas accountACCOUNT

Talisman Strategic & Operational Success in 2010

Source: www.gulfoilandgas.com 2/16/2011, Location: Middle East

In the Kurdistan region of northern Iraq, the Kurdamir-1 well in Block 44 was suspended after finding significant gas resources and encouraging indications of liquids.

Challenging drilling conditions prevented evaluation of deeper levels of the structure and the well will be re-drilled in 2011. The conversion of Block K39 to a Production Sharing Contract was underway at the end of 2010 and the company will drill its first well on this block in 2011, Topkhana-1.

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