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Article: Trans-Orient Updates Boar Hill-1 Wildcat and East Coast Basin Exploration Activity.
- Article from:
- Energy Weekly News
- Article date:
- November 13, 2009
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New Zealand-focused exploration company Trans-Orient Petroleum Ltd. (TSX-V: TOZ and OTCBB: TOPLF) announced that the Company has completed the first-stage 487m (1,600 ft) section of the Boar Hill-1 wildcat well located in the East Coast Basin of New Zealand's North Island. Boar Hill-1 was drilled in two stages in order to provide critical information for the deeper section of the Boar Hill-1 well, and to avoid any potentially problematic surface drilling.
The shallow section of the well has provided some encouraging preliminary data, as drill cuttings "head gas" analysis indicated progressively more oil-rich readings as the well penetrated the Oligocene strata, ...