Krasnoleninsky Project Exploration Drilling Update

Source: www.gulfoilandgas.com 6/26/2012, Location: Asia

International Petroleum Limited, an oil and gas exploration company with assets in Russia and Kazakhstan, announces that it has commenced drilling a new exploration well.

The Company owns a 75% equity interest in the exploration rights to four blocks, covering a total area of 1,467 km², located in the Khanty-Mansiysk Autonomous Region in Western Siberia, the largest oil-producing region of Russia in Western Siberia (the “Krasnoleninsky Project”). During 2011, the Company drilled two exploration wells (Well number 1 in licence block 7 and Well number 2 in licence block 8) in the Krasnoleninsky Project and discovered commercial quantities of oil in both wells.

Now, the Company has commenced drilling Well number 4, which is an exploration well to evaluate the first prospect in licence block 10 of the Krasnoleninsky Project and is expected to take approximately two months to drill the well to its target true vertical depth of approximately 3,100 metres.

During 2012, the Company plans to drill two exploration wells (Well number 4 in licence block 10, which has just commenced, and Well number 3 in licence block 9, which is expected to commence over the coming weeks) in the Krasnoleninsky Project.

Commenting on the commencement of drilling Well number 4 at the Krasnoleninsky Project, Chris Hopkinson, International Petroleum CEO said, “This is the second of five new exploration wells that the Company plans to drill in 2012 and we look forward to the results of this drilling”.


Norway >>  5/12/2022 - Neptune Energy Norge AS, operator of production licence 153, has concluded the drilling of appraisal wells 35/9-16 S and 35/9-16 A on oil and gas disc...
Canada >>  5/11/2022 - The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has issued Calls for Bids for Exploration Licences in the Eastern Newfoundland...

Iraq >>  5/10/2022 - Genel Energy has provided an update on the Sarta PSC (30% working interest and operator).

Testing of the Sarta-5 appraisal well has been co...

Cameroon >>  5/9/2022 - Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on activity in respect of its Thali Pr...

Equatorial Guinea >>  5/9/2022 - Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that the Ministry of Mines and Hydrocarbons of Equatorial Guinea and the Joint Ve...
Guyana >>  5/9/2022 - CGX Energy Inc. and Frontera Energy Corporation, joint venture partners (the "Joint Venture") in the Petroleum Prospecting License for the Corentyne b...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.