Cue, SPC in Indonesia drilling campaign
Wednesday, September 7 2011 - 01:06 AM WIB
Australia-listed oil, gas firm Cue Energy Limted and partner Singapore Petroleum Company (SPC) will start drilling campaign at Mahakam Hilir PSC in Kutei Basin, onshore East Kalimantan in the fourth quarter of 2011.
According to Cue?s presentation, in the campaign the partnership will drill two wells, namely Naga Selatan and Naga Utara.
SPC, which had acquired 200-km seismic is the block?s operator with 60 percent interest while Cue holding the balance.(alex)