Citation Resources, which holds a 60%equity interest in operator LAR, said the well had eneratedsignificant light oil shows to surface while drilling through the C17 carbonatesections.
The C17 carbonate reservoir is the producingsection in the Atzam-4 well which was drilled about one-kilometre away and iscurrently producing at a rate of 170 barrels per day.
Citation noted that the carbonate sectionsintersected in Atzam-5 were effectively at the same depth on structure toAtzam-4, with the top of the C17 reservoir being intersected at a depth of 2748feet.
"The
