Capitalinc to drill Bantuas-1 well
Monday, January 25 2016 - 01:40 AM WIB
By Ruli Setiawan
IDX-listed PT Capitalinc Investment Tbk through its subsidiary PT Kutai Etam Petroleum plans to drill the Bantuas-1 well in Seinangka-Senipah block located in Loa Janan District, Kutai Kertanegara Regency, East Kalimantan, in June of this year.
The company said last week that land acquisition has been implemented, to be proceeded with drilling site preparation.
Kutai Etam Petroleum is the 100 percent owner of Seinangka-Senipah PSC.
Editing by Reiner Simajuntak