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PNG/INDONESIA

Interoil hits hydrocarbons in Kapau

INTEROIL has intersected the Kapau Limestone target zone during a $US300 million ($A324 million) oil and gas drill campaign in Papua New Guinea.

Alison Middleton
Interoil hits hydrocarbons in Kapau

The company confirmed Raptor-1 in PPL 475 had intersected 200m of the Kapau Limestone target zone, with wireline logs indicating the presence of hydrocarbons. InterOil now plans to conduct well testing...

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