This article is 21 years old. Images might not display.
With a planned total depth of 1,400m the Wawiri-1 well will investigate the hydrocarbon potential of a shallow tilted fault block located 7km to the northeast of the Waihapa Oil Production Station.
The primary target comprises sandstones of the Mt. Messenger Formation estimated to lie at a depth of around 1,170m measured depth.
The Joint Venture Participants in PEP 38753 are Tap (New Zealand) 25.0%, Indo-Pacific Energy (NZ) (operator) 30.0 %, Magellan Petroleum (NZ) 25.0 % and Krystal Corporation 20.0 %.
