Go­ing well

Taranaki Daily News - - Business -

Lon­don com­pany Kea Petroleum has signed a con­tract with Drill Force New Zealand Ltd to use the com­pany’s rig to drill the Puka-3 well. The spud date is ex­pected to be late next month. The well is tar­get­ing the Mt Mes­sen­ger for­ma­tion, at about 1500 me­tres, in cen­tral Taranaki. The drilling of the well is part of a farm-out agree­ment with Aus­tralian owned com­pany MEO.

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