Horizon Oil advises that the Nama-1 exploration well in PPL 259, Western Province, Papua New Guinea, spudded at 1000 hrs local time on 4 December 2014. The current operation is running in the 18 5/8" casing following drilling of the 24” conductor hole. The well is being drilled by Horizon Oil with Parker Rig 226 and is anticipated to take about 36 days to drill to a planned total depth of 3,434m.
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