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Iraqi appraisal well has been suspended by oil search

Oil Search reported that on 20 August, preparations were underway to temporarily suspend the Taza 2 appraisal well, in the Kurdistan region of Iraq.
The recent increase in regional tensions has interrupted Oil Search’s ability to deploy skilled technicians, equipment and materials to the Taza 2 well site. As such, in consultation with Kurdistan’s Ministry for Natural Resources, a decision has been made to temporarily suspend the well until the long-term integrity of the company’s supply chain is safely re-established.
The security situation in the Taza area remains stable and Oil Search’s other operations, including rigging up at the Taza 3 appraisal well site and the 3D seismic acquisition program, continue uninterrupted. The company is monitoring the security situation closely and precautionary measures are in place to enable all operations to be suspended safely and personnel demobilized, if required.
Taza 2 is located 10 km northwest of Taza 1 and is designed to appraise the hydrocarbon-bearing intervals discovered by Taza 1 (Jeribe/Dhiban and Euphrates/Kirkuk Formations), as well as explore deeper Tertiary and Cretaceous targets including the Shiranish Formation.

Updated 29 Aug 2014 | Soruce: Energy Global | By S.Seal
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