Subject to Joint Venture approval, the rig will commence drilling a geological sidetrack down dip to the north east, to delineate the hydrocarbon-water contact within the Toro Formation.
The Muruk discovery is close to PNG LNG infrastructure and is located between the Hides and Juha gas fields.
About Oil Search Limited:
Oil Search Limited (ASX:OSH) (OTCMKTS:OISHY) Oil Search Limited is engaged in the exploration, development and production of oil and gas fields. The Company holds interest in the PNG LNG Project, a liquefied natural gas (LNG) development project. It holds interest in Papua LNG Project. Its segments include PNG oil and gas, which includes the exploration, evaluation, development, production and sale of crude oil, natural gas, condensate and other refined products.
Source:
Oil Search Limited
Contact:
Ian Munro Executive General Manager Gas Business Development Tel: +612 8238 8505 Mob: +61 417 980 144