TEHRAN April 8 (Shana)--A top official in the Khazar Exploration and Production Company (KEPCO) has held out the possibility of new hydrocarbon reservoirs beneath the Caspian Sea. Yousef Etemadi, exploration director of KEPCO, said the second exploration well, currently deep 2,664 meters, indicates the possibility of new hydrocarbon reserves. He ...

TEHRAN Mar 01 (Shana): The second exploration well in Sardar-e-Jangal field has been drilled 2,440 meters, director of exploration at Khazar Exploration and Production Company said. Yousef Etemadi said the second well will be drilled up to the depth of 4,022 meters, adding that the drilling will be over in three months if no obstacle is posed. Continuation ...