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Jura announces commencement of drilling in Guddu block

CALGARY -- Jura Energy announced that drilling has commenced at Maru East-1 site in the Guddu block, located in the Central Indus Basin of Pakistan. The projected depth of the exploratory well is 770 m, which will target the hydrocarbon potential of the Pirkoh Limestone formation of Eocene age.

Maru East-1 is located approximately 2 km from the existing pipeline infrastructure of the Reti, Maru and Maru South development and production leases ("Reti-Maru Fields") in the Guddu Block. Commercial production from the Reti-Maru Fields commenced in December 2013.

The Guddu Block covers an area of 2093.4 sq km and is located adjacent to several producing gas fields. Jura holds a 10.66% working interest in the Guddu Block, which is operated by Oil and Gas Development Company Limited.

01/28/2014

 

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