EXPLORATION

Antelope-1 nearing targets

INTEROIL'S Antelope-1 appraisal well in Gulf Province has reached the top section of limestone at a depth of 1748m, some 486m higher than the top of the limestone at its Elk-4 discovery well, and is preparing to run casing.

Blair Price

From earlier drilling, InterOil said it had observed background gas of methane and pentane. Located on the Eastern Papuan Basin in PPL 238 of PNG's Gulf Province, Antelope-1 lies 2.8 kilometres south...

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