Area Drilling

KazakhstanAltius Energy Corp., Calgary, completed drilling 22 new wells in Besbolek and Karataikyz fields in the Pre-Caspian basin in July 2004.New reserves and production have been added with completion of the first four of these wells at Besbolek, the company said.Production averaged 2,200 b/d of oil in September, although this may decrease due to transportation difficulties normally experienced during autumn.Altius is soon to merge with Arawak Energy Corp., Calgary (OGJ Online, July 19, 2004).New ZealandAustral Pacific Energy Ltd., Wellington, was preparing to spud Cardiff-2, projected to 16,000 ft to evaluate Eocene-Paleocene Kapuni sands less than 5 miles northeast of large Kapuni g...

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