InterOil Conducts Successful Flow Test at Triceratops-3 Well in PNG

InterOil Corporation disclosed Friday that the Triceratops-3 appraisal well in Petroleum Retention License 39 in Papua New Guinea has flowed gas at 17.1 million standard cubic feet a day (MMscf/d) and condensate at an average of 200.3 barrels a day.

Stabilized flow rates were obtained over several five-hour intervals and were measured through a 72/64 inch choke with the flow constrained by tubing. The well reached a total depth of 6,856 feet (2,090 meters) Measured Depth below Rotary Table (MDRT).

InterOil Chief Executive Dr Michael Hession said the result was pleasing and underscored the region’s prospectivity.

“We are excited by the well results and the enhanced development optionality that Triceratops gas can provide,” he said.

Antelope-4 Side Track

The Antelope-4 side track appraisal well in Petroleum Retention License 15 has intersected the reservoir 118 feet (36 meters) higher than the original Antelope-4 penetration.

The well is being prepared for casing before drilling through the reservoir.


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