PNG: Oil Search Updates on Trapia 1 ST1 Well

Oil Search reports that as at 06:00 PNG time on 30 August, the Trapia 1 ST1 well was at a depth of 2,284 metres and drilling ahead in a 12-¼” hole. Drilling progress for the week was 429 metres.

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.

[mappress]
LNG World News Staff, August 30, 2012