Have heard they are DST'ing at the moment and very good DST pressures encountered so far.

Antelope-3 Drill Stem Test Confirms Continuity of Highly Productive Reservoir       12/10 08:40 AM

PORT MORESBY, Papua New Guinea and HOUSTON, Dec. 10, 2012 /CNW/ - InterOil Corporation (IOC:$52.18,00$0.71,001.38%) announced that drill stem test (DST) #1 in the Antelope-3 well in Papua New Guinea, tested natural gas and condensate with a maximum gas rate of 44.8 million cubic feet of gas per day with a flowing tubing pressure of 2,331 psi.
The Antelope-3 well was drilled conventionally from 5,321.8 feet (1,622 meters) with cumulative down hole drilling losses of 647 barrels until at 5,817 feet (1,773 meters) when there was a total loss of circulation. The well was then drilled with managed pressure to 5,905.8 feet (1,800 meters) the current depth.
At 5,905.8 feet (1,800 meters) the reservoir is comprised limestone and minor dolomite similar to the upper limestone reservoir observed in the uppermost Antelope-2 well.
Antelope-3 DST#1 utilised a casing packer set at 5,259 feet (1,602.9 meters) in the 9 5/8" casing and tested a 584 foot (178 meter) open hole interval from 5,321.8 feet (1,622 meters) to 5,905.8 feet (1,800 meters) through several choke sizes from 24/64 to 64/64 inch.
The well flowed at a maximum rate of 44.8 million cubic feet of gas per day with 10.4 to 14.9 barrels of condensate per million cubic feet through a 64/64" choke. The analysed gas composition is similar to Antleope-1 and Antelope-2.
The test was conducted through drill pipe and the gas flow rate was significantly limited by the downhole DST equipment and the surface separation package.
"InterOil (IOC:$52.18,00$0.71,001.38%) is pleased to have encountered the reservoir higher than anticipated and to confirm continuity of highly productive reservoir at the Antelope-3 location. We are encouraged by the similarities to the Antelope-2 well with extended lateral development of this upper limestone unit," stated Mr. David Holland, General Manager of Exploration of InterOil (IOC:$52.18,00$0.71,001.38%)

'jft310' pid='14402' datel Wrote:

Antelope-3 Drill Stem Test Confirms Continuity of Highly Productive Reservoir       12/10 08:40 AM

PORT MORESBY, Papua New Guinea and HOUSTON, Dec. 10, 2012 /CNW/ - InterOil Corporation (IOC:$52.18,00$0.71,001.38%) announced that drill stem test (DST) #1 in the Antelope-3 well in Papua New Guinea, tested natural gas and condensate with a maximum gas rate of 44.8 million cubic feet of gas per day with a flowing tubing pressure of 2,331 psi.
The Antelope-3 well was drilled conventionally from 5,321.8 feet (1,622 meters) with cumulative down hole drilling losses of 647 barrels until at 5,817 feet (1,773 meters) when there was a total loss of circulation. The well was then drilled with managed pressure to 5,905.8 feet (1,800 meters) the current depth.
At 5,905.8 feet (1,800 meters) the reservoir is comprised limestone and minor dolomite similar to the upper limestone reservoir observed in the uppermost Antelope-2 well.
Antelope-3 DST#1 utilised a casing packer set at 5,259 feet (1,602.9 meters) in the 9 5/8" casing and tested a 584 foot (178 meter) open hole interval from 5,321.8 feet (1,622 meters) to 5,905.8 feet (1,800 meters) through several choke sizes from 24/64 to 64/64 inch.
The well flowed at a maximum rate of 44.8 million cubic feet of gas per day with 10.4 to 14.9 barrels of condensate per million cubic feet through a 64/64" choke. The analysed gas composition is similar to Antleope-1 and Antelope-2.
The test was conducted through drill pipe and the gas flow rate was significantly limited by the downhole DST equipment and the surface separation package.
"InterOil (IOC:$52.18,00$0.71,001.38%) is pleased to have encountered the reservoir higher than anticipated and to confirm continuity of highly productive reservoir at the Antelope-3 location. We are encouraged by the similarities to the Antelope-2 well with extended lateral development of this upper limestone unit," stated Mr. David Holland, General Manager of Exploration of InterOil (IOC:$52.18,00$0.71,001.38%)

GREAT news JFT, Thanks!

'jft310' pid='14402' datel Wrote:

"InterOil (IOC:$52.18,00$0.71,001.38%) is pleased to have encountered the reservoir higher than anticipated and to confirm continuity of highly productive reservoir at the Antelope-3 location. We are encouraged by the similarities to the Antelope-2 well with extended lateral development of this upper limestone unit," stated Mr. David Holland, General Manager of Exploration of InterOil (IOC:$52.18,00$0.71,001.38%)

Order today your limited special edition Ant-3 flare T-shirt available at SHU store!!  Available in soft pink Teddy for her (makes a great Christmas gift guys) , golf shirt for you and a new offering - camouflage  wife-beater cut for those of us in TC!!

(12-11-2012, 12:08 AM)admin Wrote: While we need Pet to provide us with real comments, but I can't escape the impression that 44.8mmcf/d is far higher than similar tests at Ant1 and Ant2. The record flows of these were open hole tests over the whole gas column, which is quite something else. But it's a mere impression.

C'mon STP you know that IOC always just touches that flare off for a few seconds and then it dies; just like the gas grill with its last gasp of gas in the tank.  Big flame then disappointment.  The government has begged and begged IOC to do a LT test and Phil always refuses.  This well will be another big disappointment like Ant-2 and Tri.  Why would we want continuous reservoirs miles and miles long and wide and thousands of feet deep?  Give me one good answer to that.  And don't use that "world class" label again puhhhleeeease!