Kalrez? well 31S-8 in Seram flows oil
Wednesday, December 12 2001 - 04:33 AM WIB
Australian oil explorer Kalrez Energy Limited announced on Wednesday that its well 31S-8 in Bula production sharing contract area in Seram, Maluku was flowing 44.9 API crude oil at a stabilized rate of 115 barrels per day.
According to Kalrez, the well is now trimmed to production and the company intends to continue producing the well on at this restricted rate for further monitoring of performance.
Kalrez is the operator and 100 percent participant in Bula PSC. (robert)