Kalrez ships crude from Bula, Seram oilfield
Monday, December 10 2001 - 06:44 AM WIB
Australian oil firm Kalrez Energy Limited said on Monday that on December 8, 2001 the crude oil tanker M T Sharon sailed from the Bula Export jetty having completed a loading of 50,792 barrels of oil.
Kalrez said Pertamina will notify oil price early January 2002 and payment is expected late January 2002.
Meanwhile, Kalrez said in well 31S-8 where it was conducting work over program, significant oil and gas shows were recorded and production test was expected to commence on December 11.
The company said after the 31S-8 well completion Kalrez would deepen well 89S-5.
Kalrez is 100 percent interest holder and operator of Bula PSC in Seram Island, Maluku. (alex)