InterOil has successfully drilled an additional 295 feet of reservoir and flowed natural gas at a rate of 13.1 million standard cubic feet per day (MMSCFPD) from a 210 feet interval at the current base of the Antelope-1 well in Papua New Guinea.
Based on confirmation by logs and DST#1 of a continuous gas column from the top of the reservoir to the current depth, InterOil plans to deepen the well a further 820 feet to approximately 8,892 feet. Further objectives are to locate and test the lowest limit of hydrocarbons in the reservoir and to penetrate a lower anomaly identified on seismic data.
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