The Chia Surkh Block covers approximately 985sq km on trend with existing discoveries and is located in the prolific Zagros Fold Belt of northern Iraq, which contains several large fields including the Kirkuk field.
The 307km seismic program was designed to complement and augment the existing historical seismic data, delineate the previously discovered oil reservoir and assist in the selection of the first well location, which is expected to be spud during the second quarter of 2011.
The first well is anticipated to be drilled on the Chia Surkh Field, to a total depth of 2,400m, confirming the shallow Jeribe discovery drilled in 1936 and reported to have tested at 4,800 barrels of oil per day.
The upcoming well has been designed as a future oil producer, and upon successful testing, the company intends to build early production facilities and bring the well online.
Longford Energy is a Canadian oil and gas exploration and production company, and holds a 40% working interest in the Chia Surkh Block Production Sharing Contract in Iraq.
