Kazakhstan: Condor expands Zharkamys Territory

Condor Petroleum Inc., Calgary, said Kazakhstan has expanded the size of the company’s Zharkamys West 1 Territory in the North Caspian basin by 43% or 278,000 acres to a total area of 923,000 acres.

The company targets additional presalt and primary basin exploration plays on the new acreage. It has identified numerous prospective structures and plans to shoot 3D seismic to fully characterize the resource potential.

The Zharkamys expansion has been approved by the Ministry of Oil and Gas of the Republic of Kazakhstan and is expected to be added to the current exploration contract. The proposed minimum work program is an additional $2.9 million.

Related Articles

INTERNATIONAL BRIEFS

01/01/1990 WESTCOAST ENERGY INC., Vancouver, B.C., agreed to buy the utilities and propane business of Inter-City Gas Corp. (ICG), Winnipeg, Man., for $720 mi...

OWNERSHIP QUESTIONS CAN STYMIE DEVELOPMENT OF COALBED METHANE

01/01/1990 Although the technology exists for commercial recovery of coalbed methane, production has been hindered because of the legal quandary as to ownersh...

OIL FLOW RISING IN E. CHINA REGION

01/01/1990 Production is building from an oil producing area in the lower reaches of the Yangtze River in eastern China's Jiangsu Province. The northern J...

GAS EXPLORATION FANS OUT MIN ARKOMA BASIN

01/01/1990 Gas exploration is heating up in the South Central Arkoma basin's pre-Pennsylvanian formations. Several operators are targeting Siluro-Devonian...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected