DNO reported that the Peshkabir-2 well has discovered oil in the southern flank of the Peshkabir field in the Kurdistan region of Iraq. The well flowed at a stable rate of 3,800 B/D of 28 °API oil from an openhole test of a 557-ft interval. Pressure data and oil shows from cuttings and sidewall cores indicate a Cretaceous oil interval of more than 984 ft, the company said. DNO operates and has a 55% working interest in the license that includes the field. Genel Energy (25%) and the Kurdistan Regional Government (20%) hold the remaining stakes.
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