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Genel Kurdistan well results inconclusive

Gulf Keystone Petroleum and Genel Energy said results from the first exploration well on the Ber Bahr block in Iraq's autonomous northern Kurdish region were inconclusive, and the companies could not say whether it was commercially viable. The well will be temporarily suspended while a work over rig is moved to the location to conduct […]

Reuters reports:

Gulf Keystone Petroleum and Genel Energy said results from the first exploration well on the Ber Bahr block in Iraq's autonomous northern Kurdish region were inconclusive, and the companies could not say whether it was commercially viable.

The well will be temporarily suspended while a work over rig is moved to the location to conduct an extended well test, the British oil companies said.