DRILLING

Kea hits with Puka-1

KEA Petroleum has hit a 40m package of Mt Messenger sands at 1400m at Puka-1 in the Taranaki Basin, including a minimum 4.5m of moveable hydrocarbons.

The well has now been drilled down to total depth of 1550m on time and on budget, with logs run indicating the moveable hydrocarbons are likely to be a light oil, somewhat gassier toward the top of the...

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