Examples of Akkulka Block in a sentence
These rigs are primarily under contract in connection with the drilling of the shallow gas prospects on the Akkulka Block.
The Company also intends to actively pursue contracting a rig to enable it to undertake its drilling program on the Akkulka Block for deeper oil prospects.On the development side, the Company plans to drill an infill well on North-East Kyzyloi in the last quarter of 2007.
The Company also plans to begin drilling a deep exploration well on the Akkulka Block sometime in the third or fourth quarter of 2007, depending on financing and the results of the deep well tender which is planned to commence in the near future.Due to the nature of the oil and gas industry, work programs are regularly reviewed with respect to the success of expenditures and other opportunities that become available.
The Company also commenced drilling the west-central Akkulka Block well (AKK09) in June 2007.
PROPERTY DESCRIPTIONSThe principal properties of the Company are located within the Aktobe Oblast region of western Kazakhstan and consist of the Kyzyloi Field (under the terms of the Kyzyloi Field Licence and Production Contract), the Akkulka Block (under the terms of the Akkulka Block Exploration Licence and Contract) and the Kul-Bas Block (under the terms of the Kul-Bas Exploration and Production Contract).
As such, production of gas from the Akkulka Block under the Akkulka Production Contract commenced upon signature of the gas sales agreement by Asia Gas NG LLP and allocation of pipeline capacity by Intergas Central Asia.
Drilling Rig Telesto is currently in the process of being moved from the factory in China to drill the first deep exploration well on the Akkulka Block (well AD01), targeting Jurassic/Triassic oil, gas and condensate potential in a large mapped structure on the southeast of the Akkulka high.
The AKK14 well was drilled in the central part of the Akkulka Block on a separate prospect between the AKK13 and AKK04 discoveries and targeted both the Kyzyloi Sand interval (the productive reservoir in Tethys’ nearby Kyzyloi Field) and the deeper Tasaran Sand interval.
Authorized Brian Theaker to distribute DVD copies of the videos that were shown at the October 2, 2015 anniversary celebration to members of the congrega- tion.
An independent reserve report carried out by McDaniel & Associates Consultants Ltd., of Calgary, Alberta, Canada (the “McDaniel Reserve Report”) estimated that Tethys had net proved plus probable reserves of 71.4 billion cubic feet (Bcf) (2.03 billion cubic metres (Bcm)) of natural gas in the Kyzyloi Field and the Akkulka Block as at December 31, 2008.