InterOil Corporation reported Thursday that it has been advised by Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, that it has begun drilling the Antelope-6 appraisal well.
The well is designed to provide structural control and reservoir definition on the field’s eastern flank. It has a proposed total depth of around 8,084 feet (2,464 meters) true vertical depth subsea and is located about 1.2 miles (2 kilometers) east-south-east of Antelope-3.
InterOil holds a 36.5375 percent interest in the well. Total E&P PNG Limited has a 40.1275 percent interest, OilSearch has 22.8350 percent, and the remaining 0.5000 percent is held by minority parties.
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