A team of ten CSIRO researchers has helped Canadian oil company InterOil find exciting new oil shows in Papua New Guinea.
CSIRO's Tony Allan with PNG field team during recent geological research in the Purari River region
A panoramic view from the Moose-1 well towards the Purari River and Papuan foothills
This early success follows from a vigorous exploration program, conducted in an ongoing research partnership with CSIROs Petroleum Division. The CSIRO studies have been critical to this result, consolidating evidence for a new petroleum system in InterOils exploration Licenses.
In late July InterOil announced finding fourteen oil shows through 135 meters (443 feet) of cored Tertiary limestones in the Moose-1 ST1 well, located 350km northwest of Port Moresby, in the Gulf Province of Papua New Guinea. The company plans to undertake additional testing, production and development drilling to determine the structures resource potential. Commercial confirmation would result in the first significant hydrocarbon discovery in the area in 44 years.
Mr Nick Goldie | CSIRO
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