Cooper expects further production increase from Sukananti
Thursday, April 3 2014 - 01:40 AM WIB
By Alexander Ginting
ASX-listed firm Cooper Energy said it will carry out workover and development/appraisal drilling at Sukananti KSO oil field, onshore South Sumatra in the second half of this year.
According to a presentation filed on Wednesday, the company is targeting production growth through the drilling campaign.
The company reported that in the first half of the 2013-14 period, production from Sukananti increased to 158 bopd from 54 bopd due to successful workover initiative.
Cooper is operating the Sukananti field, which is owned by Indonesian state-owned oil and gas firm PT Pertamina under a joint operation agreement (KSO).
Editing by Reiner Simanjuntak