Capitalinc to drill Bantuas-1 wildcat well in December

By Febry Silaban

IDX-listed PT Capitalinc Investment Tbk through its subsidiary PT Kutai Etam Petroleum plans to drill a wildcat well in Seinangka-Senipah block located in Loa Janan District, Kutai Kartanegara Regency, East Kalimantan, in December of this year, a delay from the initial schedule of June.

?We plan to drill a wildcat well, named Bantuas-1, in Seinangka-Senipah block in December,? Corporate Secretary of Capitalinc Sri Setyaningsih told Petromindo.com.

Kutai Etam Petroleum is the 100 percent owner of Seinangka-Senipah PSC.

Editing by Reiner Simanjuntak