Exploration and Appraisal Drilling Update January 2015 (ASX:OSH ADR: OISHY POMSoX: OSH)
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1 Exploration and Appraisal Drilling Update January 05 (ASX:OSH ADR: OISHY POMSoX: OSH) 5 February 05 Oil Search operated wells Well Name targets Taza Oil appraisal Taza PSC, Kurdistan Region of Iraq 0km NW of Taza 5 December 03 Sakson PR3 Appraise hydrocarbon-bearing intervals discovered by Taza (Dhiban/Jeribe and Euphrates/Kirkuk) and explore deeper Tertiary and Cretaceous targets including the Shiranish Formation. As at 3 January 05, Taza was at a depth of 4,00 metres*. During the month, the original 6- / 8 hole was enlarged to 7 and a 5 liner was run and cemented. Preparations are presently underway to conduct cased-hole production tests on one or more intervals. Oil Search (Iraq) Limited 60% Total E&P Kurdistan Region of Iraq 0% (Taza) B.V. Kurdistan Regional Government (KRG) 0% Total 00 % * All depths quoted are MDRT. Oil Search s funding interest is 75%, with the KRG s 0% interest carried by Oil Search and Total E&P Kurdistan Region of Iraq (Taza) B.V. Oil Search Limited Incorporated in Papua New Guinea ARBN Head office Port Moresby Papua New Guinea Sydney office Bligh Street Sydney NSW 000 Australia Mailing address GPO Box 44 Sydney NSW 00 Australia Tel: Fax:
2 targets Taza 3 Oil appraisal Taza PSC, Kurdistan Region of Iraq 6km SE of Taza October 04 Sakson 605 A deviated hole to better define the structural configuration, fluid contacts, reservoir quality and distribution and nature of fracturing of the carbonate reservoirs in the southern part of the PSC. As at 3 January 05, Taza 3 was at a depth of 3,44 metres in an 8-½ hole. During the month, the -¼ hole was drilled and 9-5 / 8 casing set. Hydrocarbon shows were observed while drilling through the Jeribe Formation, as anticipated. Drilling progress for the month was 839 metres. Preparations are underway for wireline logging of the 8-½ open hole section across the Jeribe Formation. Oil Search (Iraq) Limited 60% Total E&P Kurdistan Region of Iraq (Taza) 0% B.V. Kurdistan Regional Government (KRG) 0% Total 00% Oil Search s funding interest is 75%, with the KRG s 0% interest carried by Oil Search and Total E&P Kurdistan Region of Iraq (Taza) B.V.
3 Oil Search non-operated wells Well Name Targets Antelope 4 Gas appraisal PRL 5, Gulf Province, PNG km south of Antelope 6 September 04 Western Drilling Delineate the size and structural extent of the Elk/Antelope gas field. As at 3 January 05, Antelope 4 was at a depth of,986.7 metres in a - / 4 hole. During the month, the well was suspended due to issues with the WDL. Once drilling operations resume, the forward plan is to drill through and evaluate the reservoir section. InterOil Corporation Oil Search.8% Total 40.% InterOil 36.5% Minorities 0.5% Total 00% Gross interests, pre-government and landowner back-in Subject to the outcome of the arbitration hearing, expected to be announced in the first quarter of 05. 3
4 Objective Antelope 5 Gas appraisal PRL 5, Gulf Province, PNG.7km west of Antelope 3 December 04 Oil Search 03 Delineate the size and structural extent of the Elk/Antelope gas field. As at 3 January 05, Antelope 5 was at a depth of,536 metres in a - / 4 hole. During the month,,0 metres was drilled through the top hole section. Operations to set the 9-5 / 8 casing are underway prior to drilling out in an 8- / hole. An extended flow test is planned following completion of drilling operations on Antelope 5. InterOil Corporation Oil Search.8% Total 40.% InterOil 36.5% Minorities 0.5% Total 00% Gross interests, pre-government and landowner back-in Subject to the outcome of the arbitration hearing, expected to be announced in the first quarter of 05. 4
5 Objective Hides F (Hides Deep) Gas development/exploration PDL, Hides field, NW Highlands, PNG 3.5km SE of Hides G-pad wells 8 October 04 Nabors 703 Designed to be completed as a Hides development well and to penetrate the Koi-Iange reservoir (currently mapped ~700m below the Hides Toro/Digimu reservoirs, in a similar structural setting). As at 3 January 05, Hides F was at a depth of 3,96 metres. During the month, casing was set over the Toro reservoir, which was encountered in line with expectations, before drilling ahead to the current depth. The operator is presently conducting sidetrack operations before drilling ahead towards the Koi-Iange Formation. ExxonMobil PNG Limited ExxonMobil affiliates 36.8% Oil Search 6.7% Santos 4.0% Kroton No (PNG Govt) 0.5% Gas Resources Gigira (landowners).0% Total 00% PETER BOTTEN, CBE Managing Director For further information please contact: Ms Ann Diamant Group Manager, Investor Relations Tel: Mob:
Exploration and Appraisal Drilling Update January 2019 (ASX:OSH ADR: OISHY POMSoX: OSH)
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O I L S E A R C H L I M I T E D
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O I L S E A R C H L I M I T E D
WELL NAME: Juha 5 Oil Search reports that as at 0600 on 1 February, the Juha 5 well was at a depth of 2,987 metres and drilling ahead in 9-7/8 hole in the Ieru Formation. Drilling progress for the week
O I L S E A R C H L I M I T E D
WELL NAME: Juha 5 Oil Search reports that as at 0600 on 29 March, the Juha 5 well was undergoing a wiper trip before continuing to acquire wireline logs. During the week, the well was drilled to a total
O I L S E A R C H L I M I T E D
WELL NAME: Juha 5 Oil Search reports as at 0600 on 18 January, the Juha 5 well was at a depth of 2,063 metres and pulling out of hole while water pumps are being repaired. During the week, 10-¾ casing
O I L S E A R C H L I M I T E D
WELL NAME: Juha 5 Oil Search reports as at 0600 on 11 January, the Juha 5 well was at a depth of 1,904 metres in the upper part of the Ieru Formation, and pulling out of hole prior to running 10-¾ casing.
O I L S E A R C H L I M I T E D
WELL NAME: Juha 5 Oil Search reports that as at 0600 on 25 January, the Juha 5 well was at a depth of 2,562 metres and pulling out of the hole to change the drill bit and motor. Drilling progress for the
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