Kina Petroleum provides update on Kina-1 well in PPL 337
Kina Petroleum has provided an update on progress of the Kwila-1 exploration well in PPL 337, onshore Papua New Guinea.
As at 8.00am local time on 7 July 2015 the well was at a depth of 1,000 metres and preparing to run wireline logs. During the week, the well was drilled in a 6.5” hole to a depth of 1,000 metres. The well has intersected both the primary and secondary objectives which comprise thinly interbedded sandstone of good to fair reservoir quality and intercalated siltstone/claystone.
The well will now be evaluated by the forthcoming electrical logging program.