Kisaran well flow testing prepared to commence
Friday, April 19 2013 - 08:13 AM WIB
ASX-listed company New Zealand Oil & Gas Ltd reported on Friday that preparations are being made to begin flow testing at the Pant Minyak-2 (PM-2) exploration well, located in the Kisaran PSC in onshore Sumatra.
Based on wireline logging results, up to four drill stem tests (DSTs) will be conducted within a gross interval of 7700 to 9000 feet, it said in a filing. Depending on the types of fluids and rates of flow, this testing program could take 20-35 days.
New Zealand Oil & Gas Ltd has a 22.5 percent stake in the joint venture through the share ownership of its subsidiary NZOG Asia Pty Ltd in Pacific Oil & Gas (North Sumatra) Ltd.
The Kisaran Joint Venture partners are Pacific Oil & Gas (Kisaran) Ltd (55 percent and operator) and Pacific Oil & Gas (Sumatra) Inc. (22.5 percent).
Editing by Dadan Wijaksana