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4
Development & Exploration
The main development and exploration activity in the period has been
the commencement of drilling of the Faihaa-
4 well on Block 9, Iraq, which was spud
on 21 April 2017. The table below provides the status of the development
and exploration wells for the reporting period:
Country
Basin/Area
Well Name
No. of
Wells
Cost
Interest
Status at end of March 2017
2016 Carry-over Wells
Iraq
Block 9
Faihaa-3
1
60%
Production commenced on 12
February 2017 at an initial stabilized
rate of 7,200 bbls (Gross) on a
44/64” choke size.
Oman
Karim Small
Fields
WRDM-K29
1
15%
Producing
YTD June 2017
Iraq
Block 9
Faihaa-4
1
60%
Spud 21 April 2017
Egypt
Abu Sennan
Al Jahraa SE-2X
1
53%
Exploration well spud 25 April 2017
Egypt
Abu Sennan
Al Jahraa-9
1
53%
Development well spud 10 June
2017
Oman
Karim Small
Fields
KM-P14/KM-
P16, SMPH-11,
GZ-P10, HJ SW-
P2/P3, WRDM-
K33, SL-P2/P3
9
15%
SL-P3 on drilling
Total for 2017 12