Citarum exploration drilling campaign delayed
Wednesday, January 19 2011 - 02:30 AM WIB
UK oil, gas firm Sound Oil reported last week that it has been advised by the operator of Citarum PSC onshore West Java that the drilling programme of three exploration commitment wells originally planned to start in March 2011 will now not commence until the third quarter of 2011.
In spite of this delay Sound is confident that the wells will be drilled within the extended first exploration period of the PSC, the company said.
Sound Oil is a 20% interest holder in the Citarum PSC through its wholly owned subsidiary Mitra Energia Citarum Limited. Canadian firm Pan Orient Energy Corp is the block?s operator with 69 percent interest. (alex)