ShaMaran Petroleum Corp. provide an operational update on the Atrush development in the Kurdistan Region of Iraq.

The DQE31 drilling rig resumed drilling operations on the Chiya Chere-8 (CK-8) on August 30, 2014 and reached a Total Depth of 2195 metres on September 13, 2014.

The bottom hole location is approximately 1.4 ESE of the surface location and the AT-1 discovery well. CK-8 was spudded on July 19, 2014 and reached TD in 33 days. The well found the top of Jurassic reservoir approximately 90 metres structurally higher than the AT-1 discovery well.

This well completes the predrilling of the initial four producers for the Phase One facilities, namely AT-2, AT-4, CK-5 and CK-8. The well is on schedule to be tested using a service rig in 2015 prior to final completion and tie-in to the Phase 1 Production Facility.

Tags: ShaMaran Petroleum Corp