LONDON (dpa-AFX) - Heritage Oil Plc (HOIL.L), in its interim management statement for the period from 1 July 2011 to 15 November 2011, announced that Miran West-3 well, which began drilling in August 2011, reached 1,576 metres and is drilling ahead after the testing of the Upper Cretaceous oil reservoir in October 2011. The well is expected to complete in the 2012 first quarter and the rig would then move to drill the Miran West-4 appraisal well.
Also, the company added that a rig was contracted to drill the Miran East structure and is currently being mobilised to Kurdistan. Drilling is expected to begin in January 2012.
The 3D seismic acquisition, covering 730 square kilometres, has finished and processing of the data is anticipated to be completed by year end. In addition, purchase of 180 kilometres of 2D seismic on the southern portion of the Miran Block to help identify further potential prospects was completed in October 2011 and processing is also expected to be completed by year end.
Copyright RTT News/dpa-AFX
© 2011 AFX News
