Na koncesji nale ącej do Petrolinvest S.A. w Kazachstanie

Petrolinvest S.A.
Presence of oil resources has been confirmed in the area covered by
Petrolinvest's exploration and production license in Kazakhstan
Contributed by Informacja własna
09.09.2007
Tests carried out in the licensed Zhubantam territory point to presence of oil resources, the Management
Board of Petrolinvest S.A. has announced on a press conference held in Warsaw. Similar tests are
underway in the two remaining licensed areas – OTG and Dautskoye.
Paweł Gricuk, Petrolinvest's CEO could hardly conceal his satisfaction when announcing the tests'
findings:
"Discovery of oil is definitely our major success. We shall now embark on preparatory work for well
drilling and testing that precede trial exploitation of the oilfield".
Presence of crude oil in the Zhubantam G-4D well has been confirmed by geophysical research which is
substantially more accurate than previous tests. The Zhubantam G-4D well has been bored to the depth
of 751 metres. Following interpretation of the geophysical measurements, a draft agenda has been
developed for the well’s trial start-up.
According to the tests' findings presented to the Kazakh Geological Committee, the forecast geological
resources in the Zhubantam licensed territory amount to 1.2 billion oil barrels, of which 250 million
barrels are extractable.
“Test findings confirming presence of oil resources in Zhubantam are very welcome news”,
says Stefan Geroń, PhD, Petrolinvest's Head of Geology in Kazakhstan. "We now intend to concentrate
our efforts on bringing oil to the surface by the end of this year and will employ all the available
technology in the process. Once this objective has been achieved, we will commence trial exploitation of
the oilfield", adds Geroń.
The final preparation for trial exploitation of the well is scheduled to begin in the coming days. To that
end, pipes will be perforated to trigger oil inflow. By the end of 2007, two more shallow wells, four
medium-sized wells of the maximum depth of 2,000 metres and one very deep well of 5,000 metres will
be drilled. Trial exploitation of the Zhubantam oilfield will also commence.
It may be stated with a high degree of probability that oil will also be found in the Dautskoye licensed
area. The 2D seismic research has helped to identify two potential deposits in Dautskoye. More 2D and
3D seismic tests will be held shortly in the OTG licensed area.
Work on the three licensed territories in Kazakhstan (Zhubantam, OTG and Dautskoye) proceeds as
scheduled in line with Petrolinvest's strategy.
http://www.petrolinvest.pl
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