InterOil sees success at PNG onshore drills

Submitted by Paddy Harris on Tue, 2015-02-17 15:39

17th February 2015

InterOil Corporation has advised that the Antelope-5 appraisal well in Petroleum Retention License 15, in the Gulf Province of Papua New Guinea, has intersected the top reservoir at 1,534 metres at a position that was 230 metre higher than the operator’s reference case

Antelope-5 is about 1.8 kilometres from Antelope-3 and is appraising the western extent of the Elk-Antelope field. Source: InterOil

Casing has been set and the plan is to drill ahead to evaluate the reservoir at Antelope-5. After reaching total depth it is planned to conduct an extended well test at Antelope-5 with pressure gauges monitoring pressure drawdown in other appraisal wells.

This type of test gives a better idea of reservoir connectivity and productivity.

Antelope-5 is about 1.8 kilometres from Antelope-3 and is appraising the western extent of the Elk-Antelope field.