InterOil encounters top reservoir at Antelope-6
InterOil Corporation (NYSE: IOC; POMSoX: IOC) has been advised by Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, that the Antelope-6 appraisal well encountered top reservoir within expectations at approximately 2,076 meters (6,811 feet) true vertical depth sub-sea.
Preparations are underway to run the 9 5/8' liner before drilling ahead into the reservoir section.
The Antelope-6 appraisal well is located 2km east-south-east of the Antelope-3 well and is designed to provide structural control and reservoir definition on the eastern flank of the Antelope field. Antelope-6 spudded on December 23, 2015 and has a proposed total depth of approximately 2,464 meters (8,084 feet) TVDSS.
Papua New Guinea
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