Kopuwai-1 is in New Zealand’s western Taranaki basin in PEP 38482, approximately 10 kilometers north of the Tui Area oil project in 125 meters of water. The well has a planned total depth of 4,060 meters.
AWE’s 50% interest is fully carried for the budgeted costs of the Kopuwai-1 well as a result of the recently reported farmouts.
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