Medco to commence E. Kalimantan drilling mid-December
Monday, October 29 2001 - 03:47 AM WIB
Jakarta listed oil, Gas Company Medco Energi Internasional Tbk. Medco will commence drilling of the Pidawan - 1 well in Simenggaris exploration block, East Kalimantan mid-December upon completion of the dredging of the 2,165 feet approach channel, according Australian CityView Corp.., Medco?s joint venture partner Monday.
Dredging will be completed by November end. Medco has scheduled spud
in of the well for mid December.
CityView has a 25 percent interest in Simenggaris exploration block and is free carried by Medco throughout this work program. (alex)