fbb0fdbb-c0fb-46d5-8928-e284574fda87.pdf
Exploration and Appraisal Drilling Update - December 2015
(ASX:OSH | ADR: OISHY | POMSoX: OSH)
7 January 2016
* All depths quoted are MDRT (measured depth from rotary table)
Well Name Well Type
Antelope 4 ST1
Gas appraisal
Location
Spud Date
PRL 15, Gulf Province, PNG
1km south-southeast of Antelope 2
27 August 2015
PPL 476
PPL 475
PRL 15
Elk /
Rig
Objective/ Targets
Status
Operator Participants1
Rig 103
Confirm the structure, reservoir continuity and quality in the southern portion of the field.
As planned, during the month, the Antelope
4 ST1 well was plugged and abandoned, with operations completed on 23 December.
Mobilisation of Rig 103 to PPL 269 (operated by Talisman Niugini, OSH 10%), to drill the Strickland exploration well, has now commenced.
Oil Search
|
22.8%
|
Total
|
40.1%
|
InterOil
|
36.5%
|
Minorities
|
0.5%
|
Total
|
100%
|
Total E&P PNG Limited
Antelope 4ST1
Antelope
1 Gross interests, pre-Government and landowner back-in rounded to 1 decimal place
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
Well Name Well Type Location
Antelope 6
Gas appraisal
PRL 15, Gulf Province, PNG
2km east-southeast of Antelope 3
Spud Date Rig
23 December 2015
HA 115
PPL 476
PPL 475
PRL 15
Elk /
Objective/ Targets
Status
Operator Participants1
To provide structural control and reservoir definition on the eastern flank of the field.
During December, rigging up of High Arctic Rig 115 was completed at the Antelope 6 location. Drilling commenced on 23 December, with the well reaching a depth of 512 metres by the end of the month. The well has a planned total depth of approximately 2,650 metres.
Oil Search
|
22.8%
|
Total
|
40.1%
|
InterOil
|
36.5%
|
Minorities
|
0.5%
|
Total
|
100%
|
Total E&P PNG Limited
Antelope
Antelope 6
1 Gross interests, pre-Government and landowner back-in rounded to 1 decimal place
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 - December Drilling Report - 5 January 2016
www.oilsearch.com
2