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Oil Search set to abandon Gobe prospect in PNG

PNG LNG

Oil Search has continued a drilling program at the Gobe Footwall 1 ST1 well in Papua New Guinea with unsuccessful results. The well, which was spudded in November last year, reached a total depth of 4370 metres during January as the company targeted the Toro and Iagifu reservoirs. Based on the logs, pressure readings and …

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