Discovery Geo Drills Duster in Western Taranaki

Texas-based independent Discovery Geo (Australia) Corporation plugged and abandoned the Rahotu-1 well, in onshore western Taranaki license PEP 38722 in New Zealand, in late September.

The well reached a target depth of 3065 meters but failed to encounter any significant hydrocarbons in the targeted Matemateaonga, Mt. Messenger and Moki formations.

Discovery Geo, with a 12.5% interest, operates the permit with US partners Manti Resources Inc, Ultra Oil & Gas Inc, MM Cone Inc and King Operating Corp.

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