Natural Gas discoveried by GeoGlobal Resourses Incadmin
GeoGlobal Resources Inc published that the Gujarat State Petroleum Corporation the operator of the exploration block KG-OSN-2001/3 (“KG Offshore Block”), has successfully tested 17 meters of perforations across the interval depth from 4,652 to 4, 672 meters total measured depth.
GSPC perforated DST-3 (Drill stem test – 3). During clean-up flow, the following stabilized gas/condensate rates were measured through various choke sizes at the following flowing wellhead pressures. Testing of DST-3 in the KG#22 well is continuing. The extent of this reservoir and the gas and any oil reserves will be established upon additional testing and the drilling of additional wells.
GeoGlobal Resources Inc., headquartered in Calgary, Alberta, Canada, is a US publicly traded oil and gas company, which through its subsidiaries, is engaged primarily in the pursuit of petroleum and natural gas through exploration and development in India. Since inception, the Company’s efforts have been devoted to the pursuit of Production Sharing Contracts with the Government of India. Currently, the Company is focused on the development of high potential exploration targets in the Krishna Godavari, Cambay, Deccan Syneclise, and Rajasthan basin areas.
GeoGlobal Resources Inc. Carla Boland Investor Relations and Corporate Affairs (403) 777-9253 (403) 777-9199 (FAX) Email: email@example.com