The Wawiri-1 well was drilled to investigate the hydrocarbon potential of the Mt. Messenger sands in a shallow tilted fault block. Wireline logging confirmed that the sands were poorly developed and were water-bearing.
Joint Venture Participants in PEP 38753 are: Indo-Pacific as operator with 30%; Tap Oil with 25%; Magellan Petroleum with 25% and Krystal Corporation with the remaining 20%.
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