Kea Petroleum is pleased to announce the completion of the Puka-2 workover component of Phase 1 of the farm-out agreement with MEO New Zealand Pty Limited (MEO).
Phase 1 is intended to boost existing production and assist future field appraisal. It includes the workover of Puka-2 and the drilling of a new well, Puka-3, from the existing pad. The total NZ$5 million funding for Phase 1 has been received from both parties.
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Kea Petroleum
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