DRILLING

Industry crossroads

HORIZON Oil has spudded the long-awaited Tingu-1 exploration well in Papua New Guinea's Western Province, while Nautilus Minerals' even longer anticipated arbitration proceedings against the PNG government have entered the hearings phase this week.

Blair Price

The Tingu-1 well was spudded not long after midnight this morning in PRL21, which also hosts the Elevala and Ketu fields. Horizon said the well, located about 9.2km northwest of the successful Elevala-2...

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