Medco's Konang-3 well exploration update
Tuesday, August 29 2006 - 02:45 AM WIB
ASX-listed firm CityView Corp. said on Tuesday that Konang-3 exploration well in Madura JOB block onshore East Java has reached the depth of 2,212 feet.
The well, which was spudded on August 8, 2006, has the target depth of 4,920 feet with Kujung formation as the target area.
The block is operated by JSX-listed oil firm Medco Energi Internasional Tbk. CityView owns a direct 2.65 percent interest in the block. (alex)