OMV with Oil Discovery in Iraq

EnergyOil & Gas ♦ Published: June 3, 2011; 22:40 ♦ (Vindobona)

The Austrian oil and gas company reported promising first results from one of its test drills. Further investigations of the well are planned.

OMV with Oil Discovery in Iraq / Picture: ©

OMV informed about a drilling success in its operated Bina Bawi block in the Kurdistan Region of Iraq. OMV is currently drilling an exploration well (Bina Bawi 3) and encountered hydrocarbons in one of the primary reservoir targets. The well is still being drilled and further investigations are planned in the course of the well operations including evaluation of deeper potential…