OIL SEARCH LIMITED 2002-05-30 ASX-SIGNAL-G Anyone following CUE?
HOMEX - Sydney
+++++++++++++++++++++++++ WELL NAME: MORAN-8 (PDL 2/5) OIL SEARCH EQUITY: 52.6/52.5%
Oil Search reports that the Moran-8 well, a development well on the Moran Central field, is currently being rigged-up, prior to spudding. As at 0500 hours on 30th May 2002, the rig was 68% on site and approximately 20% rigged up.
Following the merger of Oil Search and Orogen Minerals, Oil Search's interest in the unitised development has risen from 41.08% to 52.53%.
WELL NAME: SE GOBE-1 ST1 (PDL 3/4) OIL SEARCH EQUITY: 36.4%/57.3%
Oil Search reports that at 0500 hours on 30th May 2002 that the SE Gobe-1 ST1 well, a development well on the SE Gobe field, was drilling ahead at a measured depth of 2,481 metres. During the week, the well was kicked-off from a depth of 1,746 metres and drilled to its current depth. Progress for the week is 735 metres.
The SE Gobe-1 ST1 well is designed as a down dip producer, located to the north-east of the original SE Gobe-1 well. The planned total measured depth is 2,515 metres.