11-05-2016, 04:04 AM
SINGAPORE and PORT MORESBY, Papua New Guinea, Nov. 2, 2016 /PRNewswire/ -- InterOil Corporation (NYSE: IOC; POMSoX:IOC) has been advised by Total E&P PNG Limited, operator of Petroleum Retention License 15 in the Gulf Province of Papua New Guinea, that it has begun drilling the Antelope-7 appraisal well.
The well is designed to provide structural control and reservoir definition on the field's western flank. It has a proposed total depth of around 2,300 meters (7,545 feet) true vertical depth below rotary table and is located about 1.45 km west-south-west of Antelope-5.