Exploration and Appraisal Drilling Update - April 2018
(ASX: OSH | ADR: OISHY | POMSoX: OSH)
4 May 2018
Well Name
Well Type
Location
Kimu 2
Appraisal
PRL 8, Forelands, PNG
Spud Date
22 April 2018
Rig
HAES Rig 115
Objective/ Targets
Cretaceous Alene Sandstone
The objective of Kimu 2 is to test the potential resource upside in the field and assist in selecting the optimal commercialisation pathway for the resource.
The planned total depth is 1,880 metres.
Status
Drilling commenced on 22 April 2018. At the end of the month, the well was at a depth of 449 metres and drilling ahead in a 12-1/4 inch hole.
Operator
Oil Search
Participants
Affiliates of Oil Search 83.0%
Kumul Gas Niugini 17.0%
Total 100.0%
All depths quoted are measured depth from rotary table (MDRT)
PETER BOTTEN, CBE
Managing Director
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 8500www.oilsearch.com
For further information please contact:
Ann Diamant
General Manager, Investor Relations and Communications
Tel: Mob:
+612 8207 8440 +61 407 483 128
Stephanie Chu
Investor Relations Manager
Tel: Mob:
+612 8207 8542 +61 481 038 179
Oil Search - April Drilling Report - 4 May 2018www.oilsearch.com
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Disclaimer
Oil Search Limited published this content on 04 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 May 2018 07:06:10 UTC