Cue Energy Resources Ltd (Cue) has been advised by OMV New Zealand Ltd (OMV), the Operator of permit PEP 51313 offshore New Zealand, that at 07:30 hours (local time) on Aug. 15, the Whio-1 well was drilling ahead at a depth of 5,190 feet (1,582 meters) measured depth rotary table (MDRT) in 12.25 inch hole, and is drilling towards the planned total depth of 9,445 feet (2,879 meters) MDRT.

Whio-1 is being drilled from the Kan Tan IV (mid-water semisub) at a surface location 68.3 miles (110 kilometers) south-west of New Plymouth, Taranaki, New Zealand and 2.8 miles (4.5 kilometers) south-east of the Maari well-head platform.

Tags: Cue Energy