Carat-1 well in Brantas PSC, E. Java reaches 611 m-depth

Wednesday, January 2 2002 - 02:23 AM WIB

Australian listed oil, gas firm Novus Petroleum Limited announced on Wednesday that drilling in Carat-1 well in Brantas production sharing contract in East Java had reached 611 meters out of the planned depth of 800 meters.

Earlier, the company reported to recover gas from a sand formation that was interpreted to be a 9-meter-thick gas column after tests were run when the well reached a depth of 533 meters.

Novus holds 50 percent working interest in Brantas PSC, while local firm Lapindo Brantas, the block operator, holds the remaining 50 percent. (alex)

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