DISCOVERY @ BOBCAT

[Tusker]

Five for Five !!!!!

Congratulations IOC Shareholders

Tucker

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[maui4marko]

Five for Five !!!!!

Congratulations IOC Shareholders

Tucker

" border="0" class="smilie" src="images/smilies/cool.gif" />

InterOil Announces Discovery at Bobcat-1

BY INTEROIL CORPORATION

December 11, 2014

Read more here: http://www.heraldonline.com/2014/12/11/6...rylink=cpy

SINGAPORE AND PORT MORESBY, PAPUA NEW GUINEA, DEC. 11, 2014 — SINGAPORE and PORT MORESBY,  Papua New Guinea, Dec. 11, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today has notified the Papua New Guinea Department of Petroleum and Energy of a discovery at the Bobcat-1 exploration well in PPL476.

The well was tested over an interval of about 320 meters of Kapau limestone, the upper section of the target reservoir, and flowed and flared hydrocarbons at surface.

Seismic mapping, wireline logging and testing results indicate the well is close to the gas-water contact in the transition zone.

Recently acquired seismic indicates the crest of the structure lies several kilometers west of the current well location and is several hundred meters higher than the current well depth.

Following these results, InterOil has notified the department that it has declared a total depth for the exploration well at 3,207 meters.

Future appraisal will include additional seismic and drilling. As the first part of the appraisal program, the company now intends to deepen the well to appraise reservoir quality.

Bobcat-1 is about 30km north-west of Elk-Antelope. InterOil holds a 78.1114% interest in the well and is operator. The remaining 21.8886% interest is held by minority interests.

Read more here: http://www.heraldonline.com/2014/12/11/6...rylink=cpy

[Tree]

"Recently acquired seismic indicates the crest of the structure lies several kilometers west of the current well location and is several hundred meters higher than the current well depth."

Getting in kinda late Moui??
MASSIVE

[Dr. Wu]

Great news. Gas found several kilometers away and down dip!  With the honeypot several hundred meters higher and sloping down across several k's this tank is big.  I'll leave it up to Pet and the other experts to frame how significant this discovery could be.

[Palm]

"Recent seismic" could mean that much of the additional seismic has been obtained after the original drill location had been decided upon. Another huge discovery it seems.

[jft310]

Looking. At RBW
So 2 of 3 have been declared a discovery . All 3 have hydrocarbons the extent to be determined .
And we have a substantial position in all 3 wells . Further we have @11 years left on our leases .
Massive is a good word .

[admin]

Great news people!

[Tree]

Bobcat purrs for InterOil

[Tusker]

           Invitation to All SHU Members for a Virtual Happy Hour

                 

                                                    Please join Tucker and friends this evening 05:30 pm CST for a informal celebratory get together here on this post

Look forward to sharing a MASSIVE time with you all.

Cheers Tucker

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[sageo]

Five for Five !!!!!

Congratulations IOC Shareholders

Tucker

" border="0" class="smilie" src="images/smilies/cool.gif" />

InterOil Announces Discovery at Bobcat-1

BY INTEROIL CORPORATION

December 11, 2014

Read more here: http://www.heraldonline.com/2014/12/11/6...rylink=cpy

SINGAPORE AND PORT MORESBY, PAPUA NEW GUINEA, DEC. 11, 2014 — SINGAPORE and PORT MORESBY,  Papua New Guinea, Dec. 11, 2014 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX: IOC) today has notified the Papua New Guinea Department of Petroleum and Energy of a discovery at the Bobcat-1 exploration well in PPL476.

The well was tested over an interval of about 320 meters of Kapau limestone, the upper section of the target reservoir, and flowed and flared hydrocarbons at surface.

Seismic mapping, wireline logging and testing results indicate the well is close to the gas-water contact in the transition zone.

Recently acquired seismic indicates the crest of the structure lies several kilometers west of the current well location and is several hundred meters higher than the current well depth.

Following these results, InterOil has notified the department that it has declared a total depth for the exploration well at 3,207 meters.

Future appraisal will include additional seismic and drilling. As the first part of the appraisal program, the company now intends to deepen the well to appraise reservoir quality.

Bobcat-1 is about 30km north-west of Elk-Antelope. InterOil holds a 78.1114% interest in the well and is operator. The remaining 21.8886% interest is held by minority interests.

Read more here: http://www.heraldonline.com/2014/12/11/6...rylink=cpy

Maui- Sure liked that comment about the up-dip to the west.....also, looks like the newer seismics indicate a larger reservoir. ( A lot to like about the report !!!) . Good day and don't "chug-a-lug"too much. Hah !