ExxonMobil Exploration Company President, Steve Greelea, said this during their announcement of the discovery recently.
The Muruk-1 well encountered similar high-quality sandstone reservoirs as the main Hides field, which is the main source of the PNG LNG Project.
Sandstone reservoir refers to sandstone that contains petroleum which can be extracted.
The discovery was in line with pre-drill expectations and was safely drilled to 10,630 feet (3,130 meters), and with evaluation underway to determine the size of the discovery.