| | | July 16, 2009
Rig moved to 2nd well
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| | The well was drilled to 1860 mRT, approximately 49m into the Palaeozoic carbonates. The deep objective section all came in high (between 75 and 90m high to prognosed horizon depths). We believe we have a valid structural closure.
The well encountered minor hydrocarbon shows, with potential thin intervals of flushed oil pay in the objective sandstones, however, for several technical reasons it was not possible to log beyond 1595 mRT.
In the absence of the Bed III sandstones (pinched out over crest of structure) and the interpreted lack of commercial potential reservoir thickness in the Bed IV and V intervals (based on mudlog and GR interpretation), a decision was made to plug and abandon the well (sub-commercial oil).
However, we believe that the well is a technical success as it provide some important insights into the prospectivity of the Tajik acreage. The rig is currently being P & A'd prior to moving to the Huday Nazar location (estimated spud timing 2nd week August).
SPC is currently working on a post well audit which will be released early next week. |
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| | You can view the Previous Update item: Wed Aug 12, 2009, Drilling underway
You can view the Next Update item: Thu Jul 2, 2009, Drilling update on north ayzar number 1 well
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