The Supplejack South-1 well was drilled to investigate the extension of the Supplejack-1 gas discovery well drilled on July 22, 2005.
The Supplejack South-1 well encountered a thin oil column in good reservoir downdip of the discovery well. Based on seismic mapping updip potential is recognized and will be tested by the sidetrack well. Should the sidetrack well confirm hydrocarbons there is potential for a further updip closure which may also be investigated.
PEP 38765 Joint Venture participants are Tap (New Zealand) Pty Ltd as Permit Operator with 50.00%; Austral Pacific Energy (NZ) Limited as Operator of well with 36.67% and TAG Oil Limited with 13.33%.
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