Positive Test for Talisman at Kurdamir-2 Well in Kurdistan

Talisman Energy has confirmed the presence of oil, natural gas and gas condensate at the Kurdamir-2 well in the Kurdistan Region of northern Iraq.

The well flowed at unstimulated rates of 7.3 mmcf/d of natural gas and 950 bbls/d of oil and condensate, with no indications of water and no observed decline.

The Kurdamir-2 well is a re-drill of the Kurdamir-1 gas/condensate discovery well, two kilometres away, that was drilled in 2009 but not completed.

Talisman is operator of the Kurdamir Block, with a 40% working interest. Joint venture participants include WesternZagros, with a 40% working interest, and the Kurdistan Regional Government (KRG), with a 20% carried interest.