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0ddcf311-c0ce-4f41-9377-34c41b02a596.pdf
Exploration and Appraisal Drilling Update - November 2015
(ASX:OSH | ADR: OISHY | POMSoX: OSH)
3 December 2015
* All depths quoted are MDRT (measured depth from rotary table)
Well Name Well Type Location
Spud Date
Rig
Objective/ Targets
Status
Operator Participants1
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Antelope 4 ST1
Gas appraisal
PRL 15, Gulf Province, PNG
1km south-southeast of Antelope 2 27 August 2015
Rig 103
Confirm the structure, reservoir continuity and quality in the southern portion of the field.
During November, the Antelope 4 ST1 well was drilled to a total depth of 2,326 metres and wireline logging was completed. Log interpretations confirm that a thick, high quality dolomite reservoir unit continues to this southern location. Due to well integrity issues, long-term production testing could not be undertaken. Preparations to plug and abandon the well are now underway. Drilling on Antelope 6 and production testing of Antelope 5 is expected to commence shortly.
Total E&P PNG Limited
1 Gross interests, pre-Government and landowner back-in
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Oil Search
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22.8%
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Total
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40.1%
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InterOil
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36.5%
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Minorities
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0.5%
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Total
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100%
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Fix
Oil Search Limited
Incorporated in Papua New Guinea ARBN 055 079 868
Head office
Port Moresby Papua New Guinea
Sydney office
1 Bligh Street
Sydney NSW 2000 Australia
Mailing address
GPO Box 2442
Sydney NSW 2001 Australia
Tel: +61 2 8207 8400
Fax: +61 2 8207 8500
www.oilsearch.com
PETER BOTTEN, CBE
Managing Director
For further information please contact:
Ms Ann Diamant
General Manager, Investor Relations and Communications Tel: +61 2 8207 8440
Mob: +61 407 483 128
Oil Search - November Drilling Report - 3 December 2015
www.oilsearch.com
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Oil Search Limited
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CODE : OSH.AX |
ISIN : PG0008579883 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Oil Search is a and oil producing company based in Australia. Oil Search holds various exploration projects in Iraqi, in Papua New Guinea and in Yemen. Its main exploration properties are SHAKAL-1 in Iraqi, WASUMA-1 in Papua New Guinea and AL MEASHAR-1 in Yemen. Oil Search is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 6.2 billions as of today (US$ 4.4 billions, € 3.9 billions). Its stock quote reached its highest recent level on June 20, 2014 at AU$ 9.47, and its lowest recent point on March 20, 2020 at AU$ 2.01. Oil Search has 1 522 689 920 shares outstanding. |