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Afren Begins Oil Drilling In Iraq - Business - Nairaland

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Afren Begins Oil Drilling In Iraq by omowolewa: 1:51pm On Sep 18, 2012
Nigeria Firm Begins Oil Drilling In Iraq

Show me a place where you won’t find Nigerians living and actively pursuing their livelihoods, and I’ll show you … the Bermuda Triangle – and even then, who knows?

Iraq might be troublesome and unstable, but not enough to stop a Nigerian firm, Afren, which says it has commenced oil exploration at the East Simrit prospect (Simrit-3 well) located
on the Ain Sifni PSC in the Kurdistan region of Iraq.

According to Thisday, a statement issued by the Chairman of Afren, Egbert Imomoh, said: “Afren and operator, Hunt Oil Middle East (“Hunt Oil”), have commenced drilling of oil at the East Simrit on the Ain Sifni PSC in the region,” adding that “the Simrit-3 oil well is located approximately 10 km east of the successful Simrit-2 discovery well, and is exploring the eastern extent of the large scale Simrit anticline.”

To test the western extent of the structure, Imomoh disclosed that Afren partners recently completed the drilling of Simrit-2 exploration well, which was ultimately drilled to a total
measured depth of 3,800 metres and encountered 460 metres of net oil pay throughout Cretaceous, Jurassic and Triassic age reservoirs.

The company announced in the statement that no oil water contact had been established in the target reservoirs, adding that following the conclusion of drilling operations in June, a
comprehensive well test programme had started and is ongoing.

“The partners intend to undertake up to 12 separate drill stem tests (“DSTs”) in total, and announced in July 2012 that the first batch of three DSTs in the Triassic age Kurra Chine
formation had yielded an aggregate flow rate of 13,584 bopd of 39° API gravity oil.

“The Simrit-3 exploration well is seeking to demonstrate the presence of oil within the same Cretaceous, Jurassic and Triassic reservoir intervals at the eastern extent of the Simrit anticline.”

It could be recalled that Afren has 20 per cent interest in the Ain Sifni PSC and is partnered by Hunt Oil Middle East (60 per cent) and the Kurdistan regional government 20 per cent.
Imomoh who explained that the drilling programme in Kurdistan complements Afren’s existing exploration and appraisal programme in Nigeria, said: “The drilling and test results recorded till date, have already confirmed Ain Sifni in the Kurdistan region of Iraq to be a world-class asset.

“The Simrit-3 exploration well, which is part of on-going evaluation of the block’s transformational potential, will test the real extent of the existing discovery where we are well
advanced into an early production system at the Okoro East discovery while our exploration programme continues with planned drilling at the Ebok West and Central Fault Block targets over the coming months,” he added.

http://www.thisdaylive.com/articles/nigerian-firm-commences-oil-drilling-in-iraq/125249/

4 Likes

Re: Afren Begins Oil Drilling In Iraq by musajohn80: 5:12pm On Sep 18, 2012
This is a good development for our oil industry.
Re: Afren Begins Oil Drilling In Iraq by miteolu(m): 5:13pm On Sep 18, 2012
Is that y Naija face fuel scarcity

1 Like

Re: Afren Begins Oil Drilling In Iraq by sylve11: 5:16pm On Sep 18, 2012
Good! i love brave fellas! cool
Re: Afren Begins Oil Drilling In Iraq by Tlake(m): 5:24pm On Sep 18, 2012
Where dem get the money from

1 Like

Re: Afren Begins Oil Drilling In Iraq by Wsdm: 5:37pm On Sep 18, 2012
May The Good Lord put more grease to your elbow. I know quite okay that your home (Nigeria) would have been more Convenient for you all things been equal.
Re: Afren Begins Oil Drilling In Iraq by Nobody: 5:39pm On Sep 18, 2012
Good news but how's that going to force down the price of petrol.
Re: Afren Begins Oil Drilling In Iraq by Babaofor(m): 5:40pm On Sep 18, 2012
Tlake: Where dem get the money from

do u think everybody is as jobless as u are.for once in ur life be happy for other people.

1 Like

Re: Afren Begins Oil Drilling In Iraq by DExplorer1: 5:40pm On Sep 18, 2012
If this thread was about GEJ, it sure would have gotten to the 7th page by now. It's obvious that those attacking GEJ are NOTHING but noise-makers.

1 Like

Re: Afren Begins Oil Drilling In Iraq by Standing5(m): 5:46pm On Sep 18, 2012
D-Explorer:
If this thread was about GEJ, it sure would have gotten to the 7th page by now. It's obvious that those attacking GEJ are NOTHING but noise-makers.
Is this suppose to be one of GEJ 'numerous' achievment?
or A proof that ACN is Trash.
@Topic, I think it goes to show that Nigerians are very capable of doing great things too.

1 Like

Re: Afren Begins Oil Drilling In Iraq by Nobody: 5:47pm On Sep 18, 2012
D-Explorer:
If this thread was about GEJ, it sure would have gotten to the 7th page by now. It's obvious that those attacking GEJ are NOTHING but noise-makers.
And wt does this thread have to do with GEJ?
Explore ur senses for once...

1 Like

Re: Afren Begins Oil Drilling In Iraq by olubuffett: 5:48pm On Sep 18, 2012
Tlake: Where dem get the money from

They are listed on London Stock Exchange.
Re: Afren Begins Oil Drilling In Iraq by IleIfe2(m): 5:54pm On Sep 18, 2012
If it was a foreign firm on Naija soil, i'm sure the comments will be different. but someone still had something to say about the company's source of funding. Nigerians eh.........
Re: Afren Begins Oil Drilling In Iraq by hollypagan: 5:58pm On Sep 18, 2012
The 1st good news in 9ja
Re: Afren Begins Oil Drilling In Iraq by Kay1kay1(m): 5:59pm On Sep 18, 2012
Super business adventure. . . Yeah, Nigerian businesses being part of an advanced FDI.
Re: Afren Begins Oil Drilling In Iraq by y2kaustin(m): 6:01pm On Sep 18, 2012
Sadly most Christians do not study the word of GOD for themselves so many will be deceive and receive the mark of the beast.

THE THIRD ANGELS MESSAGE REVELATION 14:6-12. The mark of the beast will be over" WORSHIP" Revelation 14: 9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the LAMB.

God is very serious here about those who give worship to the beast and its image. He will not grant mercy to those who receive the mark of the beast."
Re: Afren Begins Oil Drilling In Iraq by Demdem(m): 6:02pm On Sep 18, 2012
I wish them the best.
Re: Afren Begins Oil Drilling In Iraq by Kslib(m): 6:04pm On Sep 18, 2012
D-Explorer:
If this thread was about GEJ, it sure would have gotten to the 7th page by now. It's obvious that those attacking GEJ are NOTHING but noise-makers.
what does the topic has to do with GEJ? I know you are trying to support the man,but you're off-point!!! Next time say something like "How will this reduce the price of gharri"?

2 Likes

Re: Afren Begins Oil Drilling In Iraq by wandeay: 6:10pm On Sep 18, 2012
Babaofor:

do u think everybody is as jobless as u are.for once in ur life be happy for other people.
we are all jobless(3 of us) including you, if you aren't jobles, you wouldn't have time to tell him he is jobless, same applies to me.

2 Likes

Re: Afren Begins Oil Drilling In Iraq by Obinoscopy(m): 6:20pm On Sep 18, 2012
I'm proud being a Nigerian. More of this!
Re: Afren Begins Oil Drilling In Iraq by saintneo(m): 6:33pm On Sep 18, 2012
deleted
Re: Afren Begins Oil Drilling In Iraq by eyenCalabar(m): 7:01pm On Sep 18, 2012
y2kaustin: Sadly most Christians do not study the word of GOD for themselves so many will be deceive and receive the mark of the beast.

THE THIRD ANGELS MESSAGE REVELATION 14:6-12. The mark of the beast will be over" WORSHIP" Revelation 14: 9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the LAMB.

God is very serious here about those who give worship to the beast and its image. He will not grant mercy to those who receive the mark of the beast."

Poor you.
Re: Afren Begins Oil Drilling In Iraq by Docklands: 7:07pm On Sep 18, 2012
its a set up? where are the Big players?
Re: Afren Begins Oil Drilling In Iraq by Docklands: 7:14pm On Sep 18, 2012
Nigerians are losing billions daily in partnership deals, No rule of law in this places because they know it's stolen money, they should go to UK or Canada if they really want to invest.
Re: Afren Begins Oil Drilling In Iraq by Nobody: 7:15pm On Sep 18, 2012
y2kaustin: Sadly most Christians do not study the word of GOD for themselves so many will be deceive and receive the mark of the beast.

THE THIRD ANGELS MESSAGE REVELATION 14:6-12. The mark of the beast will be over" WORSHIP" Revelation 14: 9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the LAMB.

God is very serious here about those who give worship to the beast and its image. He will not grant mercy to those who receive the mark of the beast."
_
The Federal Ministry Of Health warns that cassava bread consumers are liable to be insane.

1 Like

Re: Afren Begins Oil Drilling In Iraq by Eazeee(m): 7:33pm On Sep 18, 2012
y2kaustin: Sadly most Christians do not study the word of GOD for themselves so many will be deceive and receive the mark of the beast.

THE THIRD ANGELS MESSAGE REVELATION 14:6-12. The mark of the beast will be over" WORSHIP" Revelation 14: 9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the LAMB.

God is very serious here about those who give worship to the beast and its image. He will not grant mercy to those who receive the mark of the beast."

pls God help dis dude
Re: Afren Begins Oil Drilling In Iraq by conyema12(m): 8:03pm On Sep 18, 2012
y2kaustin: Sadly most Christians do not study the word of GOD for themselves so many will be deceive and receive the mark of the beast.

THE THIRD ANGELS MESSAGE REVELATION 14:6-12. The mark of the beast will be over" WORSHIP" Revelation 14: 9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the LAMB.

God is very serious here about those who give worship to the beast and its image. He will not grant mercy to those who receive the mark of the beast."

Plz channel that to religious thread.
Re: Afren Begins Oil Drilling In Iraq by conyema12(m): 8:10pm On Sep 18, 2012
Iraq is now a good propect. No wonder Shell acquired a $40billion asset in Iraq. Nigerians reason far. I knw by now some may be warming up to enter Lybia.

I knw of a Nigerian Oil servicing company that just started a well cementing Job in syria just before the war.
Re: Afren Begins Oil Drilling In Iraq by vislabraye(m): 8:20pm On Sep 18, 2012
That's good.
Re: Afren Begins Oil Drilling In Iraq by ZeusI: 8:38pm On Sep 18, 2012
y2kaustin: Sadly most Christians do not study the word of GOD for themselves so many will be deceive and receive the mark of the beast.

THE THIRD ANGELS MESSAGE REVELATION 14:6-12. The mark of the beast will be over" WORSHIP" Revelation 14: 9 And the third angel followed them, saying with a loud voice, If any man worship the beast and his image and receive his mark in his forehead, or in his hand,
10 The same shall drink of the wine of the wrath of God, which is poured out without mixture into the cup of his indignation; and he shall be tormented with fire and brimstone in the presence of the holy angels, and in the presence of the LAMB.

God is very serious here about those who give worship to the beast and its image. He will not grant mercy to those who receive the mark of the beast."
Why are you saying that, is the oil the beast or the company? I don't understand.

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