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InterOil Corporation Message Board

  • raiseyou33 raiseyou33 May 13, 2013 4:58 PM Flag

    Deferral of 236 well commitment.

    Proposed well locations have been selected for the Tuna and Wahoo prospects. Potential exploration well locations for future lease obligation wells were selected following completion of seismic acquisition, processing and mapping. However, with the success of the Triceratops gas discovery and the better than expected results of the Antelope-3 well, we have had discussions with the DPE on our forward focus and priorities. To progress development of our core assets, we applied for variations to modify the well commitments for PPL 236 and PPL 238. On March 28, 2013, the DPE approved the deferral of the well commitments for PPL 236 and PPL 238.

    Good.

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