| Drilling Report for October | |
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5f216280-977d-4029-9500-d296e66876ff.pdf
Exploration and Appraisal Drilling Update - October 2015
(ASX:OSH | ADR: OISHY | POMSoX: OSH)
5 November 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.
At 31 October 2015, Antelope 4 ST1 was at a depth of 1,950 metres and running 5' liner in an 8-1/ ' hole, after tagging the top of the
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target carbonate reservoir approximately 30 metres high to expectations.
During the month, operations focused on achieving barrier integrity in the well at the top of the reservoir. The forward plan is to drill ahead through the reservoir to the planned total depth of approximately 2,375 metres and proceed with a data acquisition programme.
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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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
Group Manager, Investor Relations Tel: +61 2 8207 8440
Mob: +61 407 483 128
Oil Search - October Drilling Report - 5 November 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. |