EMP proposing POP of MSTB-01 well
Thursday, July 24 2014 - 03:01 AM WIB
By Febry Silaban
IDX-listed oil and gas firm PT Energi Mega Persada Tbk. (EMP) is proposing a Put on Production (POP) for the MSTB-01 well in the Malaccca Strait block in Riau to upstream authority SKK Migas for approval, according to an official of the firm.
?Result of drilling test at MSTB-01 well is quite positive and the well is targeted to flow 350 barrels per day of oil,? EMP?s Chief Investor Relations Herwin W. Hidayat told Petromindo.com.
He added that the well is expected to start production in the fourth quarter of this year.
Editing by Johhanes Simbolon