Oryx plots path to oil production in Iraq Kurdistan

11/18/2013
Oryx Petroleum Corp., Calgary, said it believes it is months away from a commerciality declaration and could start oil production in mid-2014 from its Demir Dagh discovery in the Kurdistan Region of Iraq. In its report for the quarter and 9 months ended Sept. 30, the company noted that it has added discoveries at Ain Al Safra in Iraq and Elephant in Congo (Brazzaville) to its asset base, is testing the ZEG-1 exploratory well, and has spudded wildcats at Banan in Iraq and Horse in Congo. Oryx is prioritizing appraisal and development efforts on the Hawler license, which it operates with 65% interest. It took impairment charges related to relinquishment of the Sindi Amedi license in Iraq an...
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