Patea West-1 Well to Spud Soon

Shell (Petroleum Mining) Company Ltd and Todd Petroleum Mining Company Ltd will start drilling the Patea West-1 well into the offshore south Taranaki permit PEP 38737 in New Zealand in mid-July. The well will be drilled from onshore by operator Shell Todd Oil Services using the Parker Drilling 252 rig. STOS will deviate the Patea West-1 well into shallow Miocene-aged sandstones within the Patea prospect.