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View Full Version : Oryx Discovers Oil at Ain Al Safra



Investors Iraq News
10-25-2013, 03:21 PM
By John Lee.
Oryx Petroleum Corporation has announced the discovery and testing of crude oil at Ain Al Safra in Iraqi Kurdistan.
The Ain Al Safra discovery will be appraised in 2014 as part of the multi-well appraisal and development drilling program in the Hawler license area, where Oryx Petroleum is the operator and has a 65% participating and working interest.
Commenting today, Henry Legarre (pictured), Oryx Petroleum’s Chief Operating Officer, stated:
“We are very pleased to make a second oil discovery on the Hawler license area. Based on the results of the recently completed test program at Ain Al Safra, we are proceeding with further analysis and appraisal to determine the size and quality of the discovery as well as its potential commerciality. We look forward to working with our partners to appraise this new discovery.“
The full announcement can be downloaded here (http://www.iraq-businessnews.com/wp-content/uploads/2013/10/Oryx_Petroleum_Press_Release_AAS-1_Discovery_FINAL.pdf).
(Source: Oryx)



Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2013/10/25/oryx-discovers-oil-at-ain-al-safra/)

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