American International Petroleum Kazakhstan has begun re-entry, testing and workover operations on the Begesh #1 oil well on License 953 onshore Kazakhstan.
The test program is designed to reestablish that the Jurassic formations in the 12,000-acre Begesh structure are able to produce oil in commercial quantities.
Success of the Begesh #1 will support further delineation of the Jurassic formations on the structure, and possibly on the adjoining 10,000 acre Orlean structure, and the ultimate commercial development of both structures.
American International said testing of the Begesh #1 well marks important progress of the company's strategy to maximize the potential of License 953.
The company continues to have discussions with potential industry partners regarding joint ventures for the license's development should results of Begesh #1 support commercial development.
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