Eni plans drilling campaign in Bukat block next year
Friday, August 12 2005 - 05:49 AM WIB
Italian oil firm Eni SpA plans to continue drilling campaign in deep water Bukat exploration block, East Kalimantan next year.
The company said in a rig tender announcement that 5 wells would be drilled starting second quarter of 2006 with more wells possible.
Eni is the operator and 55 percent interest holder of Bukat block, while Unocal Corp. which has just merged with Chevron holds the remaining balance.
The block lies near the disputed Ambalat block, which is disputed by Indonesia and Malaysia.
The block?s partnership had earlier drilled 3 exploratory wells in the block, which indicated hydrocarbon shows. (alex)