New Zealand Oil & Gas updates Indonesian ops

Wednesday, January 30 2013 - 02:09 AM WIB

The following is an excerpt taken from Australian oil, gas firm New Zealand Oil & Gas quarterly report released on Wednesday. (ed)

Kisaran PSC (NZOG 22.5%, Pacific Oil & Gas 55% (Operator), Pacific Oil & Gas Inc a subsidiary of Bukit Energy 22.5%)
Logistical arrangements for the 2-well drilling programme were ongoing through the final quarter of 2012 in the face of difficult wet weather at the site. At year end the drill site was fully prepared and mobilisation of the rig and related equipment was under way, with the first well, Parit Minyak-2 expected to spud around publication date.

Bohorok PSC (NZOG 45%, Bukit Energy 45% (Operator), PT Surya Buana 10%)
Good progress continues on the 2012 and 2013 work programme for this interest. A seismic survey is to be conducted toward the end of 2013. Planning for this survey has been initiated. (end of excerpt)

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