Interra Resources Limited says that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. ('Goldpetrol'), has commenced drilling development well L 141 in the Chauk oil field in Myanmar.

Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. L 141 is being drilled using hired ZJ 750 rig to a total measured depth 2,600 feet. Interra's share of the cost of drilling is funded from existing funds on hand.

Tags: Interra Resources Limited