Exploration well hits new oil pool in the Besbolek block in Kazakhstan

Arawak Energy Corporation (the “Company” or “Arawak”) is pleased to announce an exploration success in its 100% owned Besbolek block in Kazakhstan. Exploration well No. 50 has discovered oil in a previously untested structure in the south of the block. The exploratory concept of the extension of the Upper Triassic paleo-flows into the down-faulted southern [...]

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