Oil Search makes PNG find

Oil Search: The company will drill a sidetrack to establish the up-dip potential of the Hedinia forelimb, subject to results.

DREW DOUGLAS

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By RUSSELL SEARANCKE

 16 September 2011 03:48 GMT

Papua New Guinea's Oil Search said it has made a satellite oil discovery near its producing Kutubu field in the Southern Highlands.

The Hedinia-10 near-field exploration well has been drilled to a total depth of 3850 metres and logging is under way to evaluate the primary target Toro sandstone.

Oil Search said elevated gas readings and oil shows were observed and the preliminary log interpretation indicates that an oil column of 20 metres is developed in the upper Toro sandstone.

The forward plan is to complete the acquisition of pressure data and logs to confirm fluid content in the Toro sandstone.

Subject to results, a sidetrack will be drilled to establish the up-dip potential of the…

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