Antelope well poorly defined, Botten says

Business
Source:
The National, Friday July 22nd, 2016

OIL Search managing director Peter Botten says appraisal at Antelope petroleum retention licence 15 in Gulf drilled in May to provide further data on the western flank of the field is poorly defined by existing seismic.
He said Oil Search believed there was potential for an additional 1-2 trillion cubic feet (tcf) of gas in western margin.
“In May, PRL 15 joint venture agreed to drill Antelope 7 appraisal well to provide further data on the western flank of the field. At present, this area is poorly defined by existing seismic and we believe there is potential for an additional 1-2 tcf of gas in the western margin, should reefal facies and structure be present. The well is expected to commence drilling in late September following completion of well pad construction,” Botten said in the company’s announcement to Australian Securities Exchange (ASX) on activates for quarter ended June 30 this year.
“In mid-March, the independent gas certification of Elk-Antelope fields commenced, as required under sales and purchase agreement between Oil Search and sellers of the PAC LNG Group of companies (PAC),” he said.
He said the certifications, conducted by Gaffney Cline and  Associates and Netherland, Sewell and Associates, Inc. (NSAI), were completed in July .