PRELIMINARY testing has recovered both gas and condensate from the lower reservoir of the Supplej...
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A small hydrocarbon accumulation interpreted in logs at the upper reservoir also remains to be assessed.
Further testing could be carried out as the joint venture examines the results of this zone before moving forward.
The PEP 38741 joint venture partners are: Tap (New Zealand – 50%); TAG Oil (NZ – 20%); Austral-Pacific Energy (NZ operator – 30%).
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