ShaMaran Petroleum Corp. is pleased to announce the successful testing of the Chiya Khere-5 development well in the Atrush Block in the Kurdistan Region of Iraq.

The Chiya Khere-5 development well was drilled and suspended in May and June, 2014. The well was re-entered in May 2015 and three well tests ('DST') using an electrical submersible pump were carried out. •DST#1 was conducted over a 24-metre interval in the Mus Formation. The interval tested at an average oil rate of 750 bopd (barrels of oil per day) with a final water cut of less than 1 percent. Oil gravity was measured at 16 degrees API. •DST#2 was conducted through 60 meters of perforations within a 118 metre interval in the Sargelu Formation. The interval tested at an average oil rate of 5,000 bopd with a constrained drawdown during the main test period. There was no water cut at the end of the test. Oil gravity was measured at approximately 25 degrees API. •DST#3 was conducted over a perforated 12 metre interval within the Naokelekan Formation. The interval tested at an average rate of 1,600 bopd with a measured oil gravity similar to DST #2.

The work-over rig has now moved to the adjacent CK-8 development well and commenced testing operations.

Tags: ShaMaran Petroleum Corp