Four intervals in the KTII have been initially selected to test a gross reservoir thickness of 436 feet (133 meters) with 300 feet (91 meters) of perforations. Test production will be trucked to a local rail terminal for sale to local refineries. All our test production will be handled in this manner until our facilities at the Emba rail terminal are operational later this year. The first reservoir interval for testing, at a depth of 11,440 feet (3,487 meters), will be perforated over a gross reservoir thickness of nearly 200 feet (59 meters) with 141 feet (43 meters) of perforations. Schlumberger is contracted to perform this work employing their most powerful guns available for maximum depth of penetration into the reservoir to maximize the productivity of the interval. After sufficient production data has been recovered from this interval we will move to the next intervals in succession to determine an accurate profile of the production capability of the entire KTII section.
"Needless to say, we are encouraged by the logging results, which have exceeded our expectations," commented Bruce Falkenstein, Vice President Exploration & Geology. "Schlumberger is playing a key role in the initial phase of operations by providing the technological edge we need in the evaluation of our first well. Based on the logging data, our projections for the field remain on track."
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