InterOil Corporation today announced financial and operating results for the third quarter ended September 30, 2010.
Third Quarter 2010 Highlights and Recent Developments
The Antelope 2 horizontal well confirmed a higher condensate-to-natural gas ratio of 24-27.7 barrels per million cubic feet of natural gas, approximately 60% higher than observed at the top of the reservoir. The horizontal well also demonstrated higher porosity deeper in the reservoir than previously modeled.
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Source: Market Watch
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