Origin Energy Limited (Origin) advises that PEP 38264 operator, Anadarko Petroleum Company, on behalf of the joint venture, commenced drilling the Caravel-1 exploration well at 16:44 hours local time on 10 February 2014.
Well type and location
Caravel-1 is located in the Canterbury Basin offshore New Zealand. The drillship Noble Bob Douglas is expected to take about 40 days for this drilling operation, which will reach an expected total depth of 2,800m subsea in a water depth of 1,105m.
PEP 38264 Joint Venture
| Anadarko New Zealand Company (Operator) | 45% |
| Origin Energy Limited* | 45% |
| Discover Exploration Canterbury NZ BV | 10% |
* Through its wholly owned subsidiary Origin Energy Resources NZ Limited.
PEP 38264 Canterbury Basin
Contacts
| Media Stephen Ellaway Senior External Affairs Manager Ph: +61 2 9375 5834 Mobile: +61 417 851 287 |
Investors Chau Le Group Manager, Investor Relations Ph: +61 2 9375 5816 Mobile: +61 467 799 642 |
