11:38 AM EST - Calvalley Petroleum Inc. : announced results from the drilling of its Ras Nowmah South exploration prospect. The well was drilled to a total depth of 1,530 metres and intersected the Qishn formation, on prognosis, at 1,369 metres. Based on drilling and petro-physical data, the well encountered 15 metres of gross oil pay (10.5 metres net) with 25% porosity in the Qishn formation. Calvalley Petroleum Inc.
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