Cooper Energy reports Indonesian drilling update
Friday, August 10 2007 - 04:49 AM WIB
The following is an excerpt from Cooper Energy drilling update report released on Friday.
Kurnia-1 (South Madura PSC, Indonesia, COE 30% Capped Free Carry)
The Joint Venture experienced some difficulties with tight-hole conditions through the week in the shallow section (around 700-900 metres). At this time the hole is being conditioned.
The next operations are expected to be hole conditioning, logging and then running the 16” casing. We expect up to 10 days until the first objective is penetrated. (end of excerpt)