InterOil Corporation advises that the PRL-15 Joint Venture has started drilling a side-track well at the Antelope-4 site, as part of its appraisal campaign on the Elk-Antelope gas field in Papua New Guinea.
The Antelope-4 appraisal had been suspended in May 2015 at a true vertical depth sub-sea of 2,056m (6,745 feet), approximately 158m above the field gas water contact.
Well operations, which resumed on August 13, 2015, included the on-site preparation and testing of well-head equipment. Subsequently the Operator, Total E&P PNG Limited obtained approval from the PNG Department of Energy to re-enter the well.
The side-track was initiated at a measured depth of 862 meters (2,828 feet). As at 1530 hours (PNG time) the side-track well was drilling ahead at a depth of 895 meters (2,936 feet).
Austral-Asia News

Chevron First Quarter 2023 Results
Chevron Corp. announced its first quarter 2023 results. Highlights Reported earnings of $6.6 billion; adjusted earnings of $6.7 billion Cash flow from operations of $7.2 billion; free cash…

Chevron Fourth Quarter, Full Year 2022 Results
Chevron Corp. reported its fourth quarter and full year 2022 results. Chevron reported earnings of $6.4 billion ($3.33 per share - diluted) for fourth quarter 2022, compared with…

Chevron Third Quarter 2022 Results
Chevron Corp. reported its third quarter 2022 results. Chevron reported earnings of $11.2 billion ($5.78 per share - diluted) for third quarter 2022, compared with $6.1 billion ($3.19…

Civeo Corp. Second Quarter 2022 Results; Raises Guidances
Civeo Corp. reported financial and operating results for the second quarter ended June 30, 2022. Bradley J. Dodson, Civeo's President and Chief Executive Officer, commented: "In the second…

Chevron Promotes Knowles to VP / Controller Role
Chevron Corp. announced the appointment of Alana K. Knowles as vice president and controller, effective March 1, 2023. Knowles will succeed David A. Inchausti, who will resign from…
