Singapore-listed Interra Resources said Tuesday that its jointly controlled entity, Goldpetrol Joint Operating Company, has started drilling development well CHK 1191 in the onshore Myanmar Chauk oil field.
According to the company, CHK 1191 is being drilled using Goldpetrol’s ZJ 450 rig.
Interra holds a 60 percent interest in the Improved Petroleum Recovery Contract of the Chauk field, and also owns 60 percent of Goldpetrol, the operator of the field.
CHK 1191 is to be drilled to a proposed depth of 3,700 feet with the primary objective of accelerating production from the oil reservoirs that produce in CHK 1183 and other older wells in the block.
According to the company, results of the drilling should be available in six weeks.