KS Orka drills second geothermal well in Sorik Merapi geothermal project
Friday, January 27 2017 - 05:26 AM WIB
Courtesy of KS Orka
SGX-listed KS Orka Renewables Pte Ltd (KS Orka) is currently drilling a second exploration well at the Sorik Merapi geothermal project, in Mandailing Natal, North Sumatra Province.
"Drilling of the first well has been completed, drilling of the second well is now ongoing," spokesperson of KS Orka, Syahrini Nuryanti told Petromindo.com on Thursday.
She said that well testing will be carried out after drilling of the second well is already completed because the second well is needed to drain the water. Well testing is planned to be conducted at the beginning or the middle of February, she added.
The company said earlier in a statement that the first drilling rig operated by Dati was proceeding with drilling works on pad A and another drilling rig from KS Drilling was being mobilized for another area in the concession, pad E.
According to Syahrini, her company plans at this early stage to drill four exploration wells. "However, if the results of the drilling are good, then the company is likely to drill more wells until 7-11," she said.
SGX-listed KS Orka Renewables Ltd currently owns the 240 MW Sorik geothermal power plant project in North Sumatra, following the acquisition of 100 percent of PT OTP Geothermal Pte Ltd from Origin Energy Geothermal Singapore Pte Ltd and Tata Power International Pte Ltd. PT OTP Geothermal owns 95 percent of PT Sorik Merapi Geothermal Power, the owner of the Sorik geothermal power plant project.
KS Orka is a joint venture between Hugar Orka ehf, an Icelandic company and Zhejiang Kaishan Compressor Co., Ltd (Kaishan), which is listed on the Shenzhen stock exchange. KS Orka combines the Icelandic knowledge in geothermal development with Kaishan?s power plant technology and manufacturing expertise to form Asia?s only vertically integrated geothermal and waste energy company. KS Orka brings to the project some of the most experienced geothermal experts and power project developers in the world.
Editing by Reiner Simanjuntak