EXPLORATION

IPO spins drill bit in Kazakhstan

INTERNATIONAL Petroleum has started drilling a well in the Alakol licence area in Kazakhstan as part of its aim to prove the Alakol Basin is a world-class petroleum province.

The company spudded A-2 last Wednesday as a follow-up well to the first well drilled last year, A-1. Well A-2 will test the Paleozoic sequence which comprises of Permian and Carbonifeous sediments underlying...

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