EXPLORATION

Oil Search close to Middle Eastern riches

OIL Search's Shakal-1 well in Kurdistan, northeast Iraq, is looking promising after it flowed 750 barrels of oil from a 12m interval in the first test.

Marija Stojkovic

The company said the well, spudded in October 2008, was drilled to a total depth of 3037m and encountered oil and gas shows in the Paleogene Jaddala and Aalije formations over an interval of about 75m...

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