Kina Petroleum Updates on Kwila-1 Exploration Drilling in PPL 337 in PNG

Kina Petroleum Ltd. (KPL) reported Tuesday on drilling at the Kwila-1 exploration well in PPL 337 in Papua New Guinea.

As at 8.00 am local time July 7 the well was at a depth of 3,281 feet (1,000 meters) and preparing to run wireline logs.

During the week, the well was drilled in a 6.5 inch hole to a depth of 3,281 feet (1,000 meters). The well has intersected both the primary and secondary objectives which comprise thinly interbedded sandstone of good to fair reservoir quality and intercalated siltstone/claystone. The well will now be evaluated by the forthcoming electrical logging program.

Kwila-1 is operated by Heritage Oil Ltd. under a farmout agreement between Heritage and KPL, whereby Heritage will carry KPL through the drilling and, if appropriate, testing of 2 wells. The first of those wells, Raintree-1, has been drilled. KPL will retain a 30 percent participating interest in the License upon completion of drilling, and in the event of a discovery will benefit from a carry through seismic program to appraise the field.


Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Most Popular Articles