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Trans-Orient Petroleum Ltd. - Update on Tumuli-1 Well (Pep 213, Trans-Orient Interest 5%).
PR Newswire
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May 6, 1999
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COPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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SAN FRANCISCO, May 6 /PRNewswire/ -- The follwing statement was issued today by David J. Bennett, President, on behalf of the board of Trans-Orient Petroleum (OTC Bulletin Board: TEPUF):
The Tumuli-1 (Operator-Santos), currently being drilled on PEP 213 in the Papua New Guinea Foldbelt, has run 9 5/8" casing to a depth of approximately 5,800 feet prior to drilling towards it's primary objective, the Toro Sandstone. Data received from the well suggests that a Toro objective is present on the Tumuli structure, but obtaining an accurate estimate of the actual depth will ...
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