North Caspian Petroleum Ltd., a subsidiary of International Petroleum Ltd., Perth, has reached final depth of 2,019 m at Well A-8, fourth well on the large Alakol block in eastern Kazakhstan along the border with China.
IPL owns a 50% interest in and has exclusive exploratory rights to the Kazakhstan project until November 2012 under a joint operating agreement with Remas Corp. LLP, which has the other 50%.
A-8 and the next well, A-9, are away from volcanic features. Two more exploratory wells could be drilled in 2012.
IBH Courses in 2012:
- Tanker Chartering and Operations the Life of a Voyage
Rotterdam, The Netherlands - 21-25 May 2012
- Trade Finance in Oil and Gas
Geneva, Switzerland – 4-7 June 2012
- Oil Trader Academy
ICE Futures, London, UK – 14-24 August 2012
