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Calvalley Petroleum provides drilling update on Ras Nowmah 5 well

Exploration & Production

Canada-based Calvalley Petroleum has revealed that drilling operations of the Ras Nowmah 5 appraisal well have been completed

The Ras Nowmah 5 well in Yemen is the first of two appraisal wells planned to be drilled to offset the Ras Nowmah 2 discovery well that was drilled in 2010.

Effective 28 July 2012, the well was logged, cased and cemented to the target depth of 1,558 metres. Based on petro-physical analysis, the well encountered 11 metres of net oil column in the Qishn formation, the same producing zone as the Ras Nowmah 2 well.

The drilling rig is currently being demobilised and moved to the second planned appraisal well location, Ras Nowmah 4.

The final completion and testing of the Ras Nowmah 5 well will be performed by a service rig that is currently being moved to the Ras Nowmah 5 location.

Subject to unforeseen circumstances and delays, the well will be perforated and tested within the next two weeks and, if the completion and testing results are positive, the well will be placed on production as soon as possible.