EXPLORATION

AWE sees oil in Tui SW-2

AWE and its partners have had some encouraging oil shows at the offshore Taranaki near-field appraisal well Tui SW-2, though their commercial significance has yet to be determined.

AWE sees oil in Tui SW-2

The company said this morning that the Kan Tan IV semi-submersible rig had encountered 10m of oil shows at the top of the main objective, the Eocene-aged Kapuni F sands. The shows will be evaluated by...

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