Drilling began on the YNG 3264 and the CHK 1177 development wells onshore in Myanmar. YNG 3264, in the Yenangyaung oil field, has a target depth of 1250 m. CHK 1177, in the Chauk oil field, has a target depth of 1006 m. The primary objective of the wells is to accelerate the fields’ production. Interra has a 60% interest in the improved petroleum recovery contracts of both fields and also owns 60% of Goldpetrol, which operates both fields.
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