Brief: Condor says KN-501 primary basin well drilled to 3,992 meters and abandoned

Condor Energies

26/10/2015 17:50

Oct 26 (Reuters) - Condor Petroleum Inc  CPI.TO : 
 * Provides an operations update 
 * Says operations update for its Zharkamys West 1 Territory in Kazakhstan 
 * Says KN-501 primary basin well was drilled to 3,992 meters and has been 
   abandoned 
 * Kazakhstan government approvals of the Shoba And Taskuduk West commercial 
   production contracts are expected in Q1 2016 
 * Despite encountering gas shows while drilling over-pressured main hole section, no commercial hydrocarbon reservoirs were identified 
 
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