In 2012, Talisman relinquished its interest in the Baranan Block to the Kurdistan regional Government.In the fourth quarter of 2011, Talisman spudded the Kurdamir-2 exploration well on the Kurdamir Block. This well has yielded positive results and was rig released in January 2013. The well was drilled to test the Oligocene and Cretaceous targets. Testing in the Cretaceous yielded non-commercial gas and gas condensate flow. Additional testing was conducted in the Eocene zone without establishing commercial flow rates. Operations to acquire 3D seismic over the Kurdamir and Topkhana Blocks commenced in the fourth quarter of 2012, and will continue through late 2013.
Talisman is planning to drill two appraisal wells in 2013: Kurdamir-3 and Topkhana-2.