The well encountered a 20m (66ft) oil column
in fractured Basement with preliminary resources of 1-10 mmboe according to Lundin.
Stephen Williams, Oza's fellow co-chief executive, added: "The realisation that we appear to have a 45-metre oil column
is a significant and exciting development in the evaluation of this cornerstone asset."
Initial petrophysical analysis of the West Newton A-2 well in Yorkshire, England, found an overall hydrocarbon column of 65 metres, including 45 metres gross oil column
and underlying 20 metre gross gas column.
In the middle part of the Snadd formation, the well encountered an approximate 15-metre oil column
with poor reservoir quality.
According to the company, the well encountered weathered and fractured basement in an estimated gross oil column
of 20 metres.
"I hope my Essential Oil column
on Medical Mingle will help doctors and nurses discover the wonderful benefits of Therapeutic Grade Essential Oils."
In the Nanushuk reservoir, seven appraisal wells drilled to date have proven an oil pool that covers more than 25,000 acres, at a depth of 4,100 feet, with an oil column
of more than 650 feet and up to 150 feet of net pay with an average porosity of 22 percent.
The first well in the campaign, Windmill-2, intersected a four metre oil column
in the Namur sandstone.
The Kirkuk reservoirs have been damaged by water incursions and the oil column
has shortened (see down19IraqFieldsMay6-13).
The well was drilled to a depth of 3,049 metres and the presence of a light oil column
has been confirmed by mudlog, wireline petrophysical and MDT pressure data in Eocene aged rocks.
A 36 metre gross oil column
was encountered in the Khufai formation, while no significant oilshows were recorded in the Masirah Bay formation.