The Moose structure is the first structure to be drilled of InterOil's previously announced multi-well exploration program on 16 independent structures in the Eastern Papuan Basin. The Moose #2 well targets the Late Cretaceous Pale sandstone, located below 1,100 meters (3,609 ft), with a secondary appraisal target of Eocene limestone, previously identified in the Moose ST-1, between approximately 600 and 800 meters (1,968 and 2,625 ft).
The Moose #2 well will be used to appraise the previously identified limestone target where multiple oil shows were encountered in the Moose ST-1 in July, 2003, approximately 4.5 km (3 miles) away. InterOil will use air and foam to drill through the limestone target zone. The casing design of the Moose #2 benefits from the knowledge gained from drilling the Moose ST-1.
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