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NZO
13/05/2014 12:03
MINE
REL: 1203 HRS New Zealand Oil and Gas Limited
MINE: NZO: Pateke-4H Weekly Update
Production tubing was being run at the Pateke-4H well, in PEP 38158 offshore
Taranaki, the Operator has advised as of six o'clock this morning.
The well will then be suspended for later production and the rig relocated 12
kilometers to the Oi-1 exploration well in the same permit.
On current planning Oi-1 is still expected to spud during the last week of
May.
The installation of a sub-sea flowline and ancillary control equipment to the
Tui Field gathering system, which will enable Pateke-4H to be flowed to the
Tui Field FPSO Umuroa, is scheduled for the first quarter in 2015.
Drilling in the well ceased at 4,772 metres, including a 749 metre
horizontal section through the reservoir.
New Zealand Oil & Gas has a 27.5 per cent interest in Tui. The other Tui
joint venture partners are:
AWE Limited (via subsidiaries) (Operator) 57.5%
Pan Pacific Petroleum (via subsidiaries) 15.0%
John Pagani
External Relations Manager
+64 21 570 872
End CA:00250387 For:NZO Type:MINE Time:2014-05-13 12:03:56
