Gas shows at Medco?s Telaga-1 well
Wednesday, May 28 2003 - 07:41 AM WIB
Australian listed oil company CityView Corporation Limited said on Wednesday there had been several gas and fluorescent shows at Telaga-1 well in Madura Block, East Java.
CityView said gas had shown in the 12-inch hole after the drilling program had reached a depth of 7,540 feet.
?The Operator (PT Medco Energi International) is currently analysing the logging data, core samples and mud logs to determine if DST (drill stem test) tests will be performed in this section,? CityView said.
The Telaga-1 prospect is a wildcat exploration well. Located onshore central Madura Island, Sampang Regency, East Java. Medco planned to drill the prospect at total depth of 10,200 feet.
State oil and gas firm Pertamina has 35 percent interest in the block, while CityView, Medco and Falcon Oil Pte. Ltd holds 16.25 percent, 24.75 percent and 24 percent, respectively. (robert)