Middle East Economic Survey
VOL. XLVIII
No 29
18-July-2005
Caspian
PetroKazakhstan Reports Successful Wells On Kolzhan License
Canadas PetroKazakhstan on 11 July reported that three out of four wells drilled in the Kolzhan license area during its 2005 exploration program had proved successful. Two exploration wells encountered 2.6ms and 9.4ms of net pay and produced 250 b/d and 700 b/d respectively in the Cretaceous formation, which the company said was a well-established oil bearing horizon in...
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