KAL completes over 2000m of drilling at Kalimantan coal prospect
Saturday, April 14 2007 - 05:00 AM WIB
This program, according to the company, includes extensive drilling, trenching, sampling and mapping of known geological structures, and exploration for unknown structures.
"After drilling more than 140 holes across the area of the known seams, we are confident that the estimates of our geological team have been borne out by the drilling. We can confirm that the initially reported seam of 4.5 meters extends over a considerable area," stated Cameron Reynolds, KAL Energy's CEO.
The drill program currently taking place on KAL Energy's concession is being conducted to determine the amount and quality of coal available. Geological estimates have indicated that in excess of 192 million tons of coal with low sulfur and ash content are located at shallow depths on the concessions.(alex)
