August 18, 2009 Update on Huday Nazar SPC 1 wellsite
Set 13 3/8" casing at 280 metres and drilling ahead in 12 1/4" hole at 992 metres, to hydrocarbon objectives between 1680 and 1840 metres. An intermediate wireline evaluation is planned prior to setting 9 5/8" casing at approximately 1500 metres. A second wireline evaluation will be conducted after drilling the 8 1/2 " hole to an approximate TD for the well at 2400 metres. In the event hydrocarbon anomalies are encountered in this well, the well will be tested and subsequently cased and suspended upon confirmation of a commercial flow of hydrocarbon.
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