PNG: Oil Search Releases Update on Trapia 1 ST1 Well

Oil Search reported that on 23 August, the Trapia 1 ST1 well was at a depth of 1,855 metres and drilling ahead in a 12-¼” hole.

During the week, 13-3/8” casing was run and cemented and 422 metres of 12-¼” hole drilled.

The Trapia prospect is located approximately 13 kilometres east of the Angore gas field and 23 kilometres east of the Hides gas field. The primary objectives are the Toro and Digimu sandstones.

The participants in Trapia 1 are:

• Oil Search Limited                 52.5%
• Esso Highlands Limited        47.5%

Oil Search is drilling Trapia 1 under contract with the Operator, Esso Highlands Limited.

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LNG World News Staff, August 23, 2012