P’nyang South 2

OSL confirms gas presence at P’nyang South 2

In its exploration and appraisal drilling update, published on the Port Moresby Stock Exchange, Oil Search says this confirms its pre-drill prognosis carried out last year.

The well is located in Western Province at Petroleum Retention License (PRL) 3/Application Petroleum Development License (APDL) 13.

Oil Search says the objective of P’nyang South 2 is to migrate proven and probable (2C) gas resource volumes to the proven (1C) category as well as appraise 2C resource upside potential identified in the south-eastern part of the field.