Harvest, partner to spud Budong Budong exploration well this month
Friday, November 5 2010 - 11:38 PM WIB
US oil, gas firm Harvest Natural Resources Inc reported on Friday that it and operating partner Tately NV will spud first exploration well at Budong Budong PSC in West Sulawesi this month.
The company said currently more than 95 percent of the drilling rig and other materials and equipment has been transported to the Lariang LG-1 drill site.
Drilling program at the block has been delayed for months as the operator was unable to get permit to use public road to transport drilling equipments to site.
Harvest has 47% interest in Budong Budong PSC. (alex)