Talisman Energy Flows High Quality Oil From Kurdamir-2 Well
19 Noviembre 2012 - 6:00AM
Marketwired
Talisman Energy Inc. (TSX:TLM) (NYSE:TLM) has confirmed a
significant accumulation of light oil in the Kurdamir-2 well in the
Kurdistan Region of northern Iraq.
"We are very excited to have found high quality oil with
significant flow rates in the lower part of the Oligocene
formation," said Richard Herbert, Executive Vice-President,
Exploration. "We are preparing to test two additional zones in the
oil leg over the coming weeks. Plans are underway to drill an
appraisal well, Kurdamir-3, adjacent to this discovery, in early
2013."
The cased-hole test was conducted in the deeper part of the
Oligocene formation and follows on the initial open-hole test
conducted in March 2012. The test targeted 20 metres of fractured
reservoir below the main porous zone. This zone tested at
stabilized rates of up to 3,450 bbls/d of 38 degree API oil and 8.8
mmcf/d of natural gas over a two-day period. The final rate was
achieved on a 72/64" choke with a wellhead flowing pressure of 810
psi. The results of this test confirm the presence of an oil column
of at least 146 metres in the Oligocene reservoir, with no evidence
yet of the oil-water contact level. The deeper extent of the oil
column will be appraised by the drilling of the Kurdamir-3
well.
Talisman is operator of the Kurdamir Block, with a 40% working
interest. Joint venture participants include WesternZagros Limited,
with a 40% working interest, and the Kurdistan Regional Government,
with a 20% carried interest.
Talisman Energy Inc. is a global upstream oil and gas company,
headquartered in Canada. Talisman has three main operating areas:
the Americas (North America and Colombia), Southeast Asia and the
North Sea, with an active exploration program across all three.
Talisman is committed to conducting business safely, in a socially
and environmentally responsible manner, and is included in the Dow
Jones Sustainability (North America) Index. Talisman is listed on
the Toronto and New York stock exchanges under the symbol TLM.
Please visit our website at www.talisman-energy.com.
21-12
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Contacts: Talisman Energy Inc. - Media and General Inquiries
David Mann, Vice-President Corporate & Investor Communications
403-237-1196tlm@talisman-energy.com Talisman Energy Inc. -
Shareholder and Investor Inquiries Lyle McLeod, Vice-President
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