Printer Friendly

HARKEN ABANDONS JARIM NO. 2 EXPLORATORY WELL OFFSHORE BAHRAIN

    HARKEN ABANDONS JARIM NO. 2 EXPLORATORY WELL OFFSHORE BAHRAIN
    DALLAS, March 5 /PRNewswire/ -- Harken Energy Corporation (AMEX: HEC) of Dallas today announced that it has plugged its Jarim No. 2 exploratory well offshore Bahrain.  The well was drilled to a total depth of 14,275 feet.  No shows of oil or gas were encountered while drilling in the Permian Khuff formation and none were noted in the evaluation of the electrical logs.
    Harken had previously reported that another potential pay zone, the Jurassic Arab zone, was unlikely to produce oil or gas.  As a result of the drilling and logging data gathered and analyzed, no production tests will be run on the Jarim No. 2.
    In preparation for future drilling, Harken is carrying out studies to evaluate prospects over the entire area covered under the Production Sharing Agreement including Jarim Reef, Sitra Bay and Muharraq Island.
    Harken Energy Corporation explores for, develops and produces oil and gas reserves domestically and internationally.  Harken also provides oilfield services.
    -0-                       3/5/92
    /CONTACT:  Dale Brooks of Harken Energy, 817-695-4900/
    (HEC) CO:  Harken Energy Corporation ST:  Texas IN:  OIL SU: SM -- NY070 -- 5588 03/05/92 15:55 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 5, 1992
Words:196
Previous Article:PHELPS DODGE CALLS 8.10 PERCENT DEBENTURES
Next Article:MICHIGAN REGULATORY AGREEMENT HELPS CONSUMERS POWER, FITCH SAYS -- FITCH FINANCIAL WIRE --
Topics:


Related Articles
HARKEN COMMENCES DRILLING IN BAHRAIN
HARKEN CONTINUES DRILLING OF FIRST WELL OFFSHORE BAHRAIN
HARKEN ANNOUNCES PRELIMINARY RESULTS ON JARIM NO. 2 WELL
HARKEN ANNOUNCES 1991 RESULTS
HARKEN ANNOUNCES PRELIMINARY RESULTS ON MUHARRAQ NO. 1 WELL
HARKEN ANNOUNCES SEISMIC PROGRAM IN BAHRAIN
HARKEN ANNOUNCES SIGNING COLOMBIAN ASSOCIATION CONTRACT
Harken Announces Rig Mobilization on Estero No. 1 Well in Colombia
Harken Announces Plans for Catalina #1
Harken Board Approves Three Well Middle Magdalena Exploration Program

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters