• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Energy Market
    Energy News
    Energy Stocks
    • Energy Market
    • Energy News
    • Energy Stocks
    oil and gas investing

    Santos: Further Positive Results at Muruk

    Priscila Barrera
    May. 15, 2017 09:03AM PST
    Energy Investing

    Santos (ASX:STO) today announced further positive results from the Muruk 1 exploration well being drilled in the Papua New Guinea Highlands. Following the successful gas discovery at Muruk 1 announced in December 2016, an additional sidetrack (Muruk 1ST3) has been successfully drilled through the Toro reservoir objective to the south west of the Muruk 1 gas …

    Santos (ASX:STO) today announced further positive results from the Muruk 1 exploration well being drilled in the Papua New Guinea Highlands.
    Following the successful gas discovery at Muruk 1 announced in December 2016, an additional sidetrack (Muruk 1ST3) has been successfully drilled through the Toro reservoir objective to the south west of the Muruk 1 gas discovery.
    As quoted in the press release:

    Well logs and pressure data have confirmed that the entire Toro reservoir section is gas saturated.  The Toro Sandstone interval in Muruk 1ST3 is similar to the excellent, high quality reservoir penetrated in the original Muruk 1 wellbore.
    After cementing the 7” liner at 3,921 metres, Muruk 1ST3 penetrated the top Toro at 3,968 metres and was drilled to a depth of 4,025 metres. Two cores were cut and the well was then deepened to 4,130 metres, to enable a full suite of logs and pressure data to be acquired.  No hydrocarbon contact was penetrated.

    Click here for the full text release

    asx:stooil and gas investing
    The Conversation (0)

    Go Deeper

    AI Powered

    Santos Signs Gas Deal with Visy

    Australia’s Santos Reports H1 Revenue of US$1.7 Billion

    Australia’s Santos Reports H1 Revenue of US$1.7 Billion

    Latest News

    Standard Uranium: Advancing An Extensive Uranium Portfolio in the Athabasca Basin

    SAGA Metals Announces Brokered LIFE Offering for Gross Proceeds of up to C$5 Million

    Angkor Resources Engages Departure Capital Inc. for Marketing and Investor Relations Services

    Stallion Uranium Closes Technology Data Acquisition Transaction & Engages Marketing Services

    Terra Clean Closes the Acquisition of the Past Producing Uranium Claims in San Rafael Swell, Utah, United States

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Energy Investing Stocks

    BPH Energy: Fueling Innovation

    BPH:AU

    Valeura Energy

    VLE:CC

    Charbone Hydrogen

    CH:CC

    Alvopetro Energy

    ALV:CC

    Coelacanth Energy

    CEI:CC

    Jupiter Energy

    JPR:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES