EXPLORATION

Oil Search gets wet

OIL Search will plug and abandon the Korka-1 well in PPL260, Papua New Guinea, after pressure tests and fluid samples confirmed the presence of residual hydrocarbons and water in the primary target.

Pressure tests and fluid samples were carried out over the Toro Sandstone after high gas readings and oil shows were observed while drilling through the primary target. Korka-1 is about 50 kilometres...

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