Jupiter Updates on Drilling at Well 19 in Kazakhstan's East Akkar Field
Australia's Jupiter Energy Ltd., a Kazakhstan-focused oil exploration and production company, trading on AIM, ASX and KASE, provided Tuesday the following drilling update at Well 19 in the East Akkar field in Kazakhstan.
Well 19 Drilling Update
Well 19 was spud Friday Dec. 26. The well is being drilled on the East Akkar field between the J-51 and J-52 wells, both of which have been producing oil under trial production licenses. Well 19 will target the mid-Triassic level in an area of existing C1 reserves. If successul, the well will be placed into Trial Production immediately after completion.
The well is expected to take approximately 60 days to reach target vertical depth 10,990 feet (3,350 meters) and the commencement of the drilling of Well 19 means that the Company has met all of its 2014 work commitments under the Block 31 License Contract.
The Company will update shareholders on the progress and results of the drilling program at the appropriate time.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Jupiter Energy Receives Approval to Extend Block 31 Exploration License (Sep 19)
- Jupiter Updates on Kazakhstan Operations, Drilling at East Akkar Field (Apr 01)
- Jupiter Ready for Well Testing at East Akkar Field's Well 19 in Kazakhstan (Feb 25)