The PNG-focused player started drilling the Wahoo-1 probe in Gulf Province, the second of four planned exploration wells there in the next 12 to 15 months.

The Wahoo prospect in Block PPL 474 is a multi-trillion-cubic-foot gas prospect.

Last week InterOil said it began drilling on the Bobcat prospect on PPL 238. The well is set to take approximately 90 days to drill, with a planned total vertical depth of 3134 metres.

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