Australia’s Melbana Energy Limited reports that a successful successful production test has been undertaken at the Pukatea-1 in onshore Taranaki Basin permit PEP-51153 in New Zealand.
Melbana said the production test of the Pukatea-1 oil zone found in the Mt. Messenger formation has flowed oil at an intial rate of 600bbls day on a 28/64” choke. The well flowed naturally without the aid of artificial lift. Testing of the zone at various flow rates is continuing using a variety of choke sizes.
The oil produced has been combined with other oil produced in the area and sold to the market at Brent oil pricing.
“This is a very positive test result and at the upper end of our expectations for the Mt. Messenger zone,” Melbana’s CEO Robert Zammit, said.
“In addition to allowing the Joint Venture to declare a discovery, this provides the Joint Venture with a basis to commence planning for the next stage of the development of the resource and the potential restart of production from the currently suspended Puka field.”
The TAG Oil-operated PEP-51153 permit also contains the shut-in Puka-2 oil well, which the Joint Venture believes can also be monetised upon field development.