The permit, which is operated by a subsidiary of Australia-based Roc Oil, contains the Kaheru prospect and numerous other leads, and has extensive 2-D and 3-D seismic coverage.
Tag Oil has also reported that production testing of the Cheal-BH-1 horizontal well continues, with the well now flowing oil, gas and fracture fluids.
The company anticipates that once all fracture fluids and excess fracture sand have been recovered, a reliable stabilized flow rate will be achieved.
The company will recommence drilling at Cheal and Sidewinder in February 2011.
The program includes development and step-out drilling, as well as exploration drilling targeting high-impact prospects defined on 3-D seismic.
