OMV weighs Manaia drilling options

Tue, 21 Aug 2018

By Gavin Evans Aug. 22 (BusinessDesk) - OMV says it will know later this year whether to proceed with further appraisal drilling in the Manaia structure south-west of the Maari oil field. The firm has been undertaking a series of well workovers and other upgrades to maintain production at the field about 70 kilometres off the Taranaki coast. It had been looking at tapping the shallower Moki formation in the Manaia structure next year, but opted to defer that work due to technical and commercial considerations, partner Cue Energy Resour...

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