Drill disappointment: Mauku probe fails to deliver for Kea Petroleum
Kea resumes Mauku drilling
26 February 2013 08:14 GMT
Kea find at Puka field
21 February 2013 11:59 GMT
Kea declares Puka commercial
24 September 2012 09:50 GMT
Douglas-1 holds promise for Kea
24 May 2012 06:54 GMT
Kea in Douglas spud, Mauku delay
23 April 2012 07:32 GMT
19 April 2013 14:55 GMT
Kea Petroleum chairman Ian Gowrie-Smith admitted that “this is not the drilling
result we were looking for”.
However he said that the data garnered would aid future exploration
on the licence and the eastern margin of the Taranaki basin generally.
The AIM-listed outfit said the PEP381204 well had reached a
total measured depth of 3220 metres on 16 April.
Kea Petroleum said the probe intersected more than 320 metres
of the target Mangehewa formation containing more than 140 metres of reservoir-quality
However log analysis indicated that the well failed to
intersect any hydrocarbon pay.
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