Tap Oil Limited announces that the drilling rig is on location on its Kinnaree-1 exploration well.
The Kinnaree-1 exploration well is the second well in the Thailand 2012 exploration drilling campaign.
The Kinnaree A West prospect is located in the G1/48 concession within the Kra Basin, some 15 kilometres north of the existing Manora field. The Kinnaree-1 exploration well will test this prospect and will target a Manora style play to test synrift lacustrine sands which are the primary hydrocarbon bearing reservoirs in the Manora field.
The Kinnaree-1 exploration well will target a combined prospective resource of around 11 mmbbls (PMean) in the primary target.
It is expected to reach target depth of approximately 2,689 metres MDRT within 14 days (trouble free).
[mappress] Press Release, October 24, 2012