Exploration/Development Briefs

Albania Petromanas Energy Inc., Calgary, has sourced a shallow rig to drill the Juban prospect on Blocks A-B onshore Albania. Following approval of the rig assignment by the government, the company would spud the well early in the 2012 fourth quarter and drill to 2,600 m. Meanwhile, the Shpirag-2 well on Blocks 2-3 has surface casing set at 1,057 m and is drilling in intermediate hole at 2,200 m towards an expected total depth of 6,100 m. Petromanas has completed the initial design of its seismic program on Blocks 2-3 and is working with its joint venture partner Shell to begin the program in the fourth quarter. The program is designed to further delineate the Shpirag prospect for apprais...

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