KPL 0.00% 5.7¢ kina petroleum limited

Oil Search also going to do some work on PRL10 (Uramu) which is...

  1. 734 Posts.
    Oil Search also going to do some work on PRL10 (Uramu) which is immediately adjacent to Kina's PPL338.

    From OSH's quarterly:

    "Preparatory work continued for appraisal drilling on the existing gas discoveries in PRL 8 (Kimu), PRL 9 (Barikewa) and PRL10 (Uramu), located in the Forelands/Gulf region. Initial activity is focused on PRL 9 (Oil Search – 45.1%, operator), where construction of a new access road to the Barikewa 3 well site is underway. Construction of the well site is scheduled to commence in the first quarter of 2016, with the well expected to spud in the third quarter of 2016. Barikewa 3 will be the first well in Oil Search’s ‘Smaller Rig’ campaign, utilising a lower cost, smaller rig. In PRL 10 (Oil Search – 100%, operator), a shallow-water well site survey is expected to take place in the first quarter of 2016."
 
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