InterOil starts exploration drilling of the Triceratops-3 well

Source:InterOil Corporation

InterOil Corporation (NYSE: IOC; POMSoX: IOC) has started drilling the Triceratops-3 appraisal well in Petroleum Retention License 39 in the Gulf Province of Papua New Guinea .

Triceratops-3 targets additional volumes north-west of previous appraisal wells. A potential tie-back candidate to Elk-Antelope, Triceratops-3 is about 5.6 kilometers west-north-west of Triceratops-1 and 35km north-west of Elk-Antelope.

InterOil holds a 69.0931% interest in the well and is operator. Pacific Rubiales Energy Corp. holds a 12.9032% interest in the well with the remaining 18.0037% held by minority interests. InterOil will keep the market informed of material developments.

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