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Oil Search Provides Drilling Report
Thursday February 28, 2008, 5:13 pm

Original Announcement: Drilling Report (NW Paua 1, Cobra 1,). 28 February 2008

Oil Search provided a drilling update, reporting that at 0600 hrs on 28 February, the NW Paua 1 ST1 well was at a depth of 2,058m and engaged in hole-opening operations prior to drilling ahead; as at 0600 hrs on 28 February, the Cobra 1 well was at a depth of 168m undergoing operations to retrieve cementing equipment; and during the week, in order to avoid delays in the drilling schedule, the Dahgah-1 well was suspended and the rig released for mobilisation to Nabrajah-17, the next well in the infill drilling programme - three zones of interest have been identified within the Naifa Dolomites and testing will be undertaken during the coming weeks.

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