Drilling of TMT-54 well reaches 1,210m

Friday, January 25 2013 - 05:04 AM WIB

By Demas Simbolon

Singapore-listed Interra Resources Limited announced that the drilling of development well TMT-54 at the Tanjung Miring Timur field in South Sumatra by its wholly owned subsidiary, Goldwater TMT Pte. Ltd. has reached total depth of 1,210 meters.

The company said in a statement that following wireline electric logging, the prospective reservoir formations will be evaluated to determine zones to be tested via casing perforation.

Goldwater has 100 percent working interest in the Technical Assistance Contract of the TMT field and TMT-54 is drilled using an externally contracted rig.

TMT-54 is the third well to have commenced drilling since GTMT resumed active drilling operations in the field following 3D seismic acquisition and interpretation.

Editing by Dadan Wijaksana

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