KrisEnergy to drill 1 well in Bulu PSC
Thursday, May 24 2012 - 01:28 AM WIB
By Romel S. Gurky
Independent upstream oil, gas firm KrisEnergy is to drill one offshore exploration well in Bulu PSC, in East Java.
The well will be drilled before in third quarter, the company said in a tender announcement.
The Bulu PSC comprises three areas totaling 990 sq km offshore East Java in water depths of between 50 and 60 meters.
KrisEnergy acquired a 42.5 percent working interest in the Bulu PSC and assumed operatorship for the block in October 2011 .
Editing by Dadan Wijaksana