Kina Petroleum Starts Seismic Survey in PNG

Kina Petroleum has started the seismic acquisition program covering a potential extension of the Triceratops discovery in Papua New Guinea. The program is seeking to define and de-risk a potential extension of Triceratops.

The program, with farm-in partner Oil Search Limited, and conducted on the joint venture’s behalf by Interoil, comprises up to 6 seismic lines covering 62 km in the northern-most portion of PPL 338. The program will cover the potential extension of the Triceratops discovery as well as separate oil and gas seeps to the north and east of Triceratops.

The program will take around 3 months to complete. Kina believes that seismic program is integral to understanding the hydrocarbon potential of PPL 338 and comes on the back of the heightened level of interest in the commercial potential of the nearby Elk and Antelope gas condensate fields.