Asia. Calvalley Petroleum discovered oil in granitic basement while drilling its Qarn Qaymah-2 exploration/appraisal well in Yemen’s onshore Block 9. Appraisal objectives for the previously drilled Qarn Qaymah-1 were accomplished as shows of mostly natural gas were found in the basal Kohlan sandstone, above basement. The well drilled 2,451 ft into basement, where strong oil shows and high pressures were encountered in fracture zones. The well was drilled to a TD of 13,042 ft.Calvalley Petroleum - 2008 First Quarter Results
Average daily production from the Block 9 for the three months ended March 31, 2008 was 4,602 gross barrels per day (Calvalley working interest 2,301 bopd), down from the previous quarter’s average of 5,218 bopd (2,609 bopd net) and 5,404 bopd (2,702 bopd net) for the first quarter of 2007. The reduction was due to pressure testing and maintenance activities and reservoir modeling at Hiswah that periodically took several wells off of production during the quarter.Anaconda writes, "How many times does oil have to get discovered in bedrock before oil geologists accept that oil is abiotic?"
A deep exploration well in the Qarn Qaymah region encountered hydrocarbons in the Kohlan sands and in the fractured granite basement. The Company is currently in the process of production testing the well.