TAG Oil’s Cheal-E-JV-6 well, located in New Zealand’s Taranaki basin, intersected a net 9 m of hydrocarbon-bearing sands in the Mt. Messenger formation. The well was drilled to a total depth of 1939 m and is being cased and suspended for future testing and possible production, pending results. TAG (70%) is operator with partner East West Petroleum (30%).
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