Additional Information
Market: NYSE
Sector: Oil & Gas Exploration & Production
EPIC: IOC
Latest Price: 67.32  (-0.36% Descending)
52-week High: 79.24
52-week Low: 34.05
Market Cap: 3,217.93M
1 year chart
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InterOil Corp
www.interoil.com

InterOil Corporation is developing an integrated Oil and Gas company in Papua New Guinea. The Company has positioned itself to own assets through the entire value chain - from the well-head to retail. InterOil has also positioned itself through a joint venture holding company to develop a LNG project in Papua New Guinea.

InterOil to log Antelope appraisal well before drilling further

7th Jan 2009, 12:00 am

InterOil Corp said it has successfully drilled 2,041 feet into the Antelope reservoir and plans to log the appraisal well before drilling ahead to fully evaluate it.


The top of the reservoir was intersected at 5,735 feet.


The forward program is to log the well, core the lower section from 7,776 feet to 7,953 in order to acquire reservoir data and to evaluate the heavy condensate seen at Elk-4. Once coring operations are complete, the plan is to drill ahead conventionally to approximately 8,200 feet and test and fully evaluate the well.

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