EXPLORATION

Melbana confirms shallow potential 

MELBANA Energy has reported promising signs of at least one potentially oil-charged zone from the secondary target, the Mount Messenger sands, at its Pukatea-1 exploration well in New Zealand's Taranaki Basin.

James Bowen
 Melbana updates on its NZ Pukatea developments

Melbana updates on its NZ Pukatea developments

The Melbourne-based company reported yesterday that preliminary review of wireline log data indicated a total of 4.5m of true vertical thickness of net oil pay over a 10.4m gross interval had been penetrated...

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