Nido: Gurita PSC operations update
Monday, October 20 2014 - 05:12 AM WIB
(October 20, 2014)--Nido Petroleum Limited has been advised by operator Lundin Gurita B.V. that the Gobi -1 exploration well in the Gurita Production Sharing Contract (?PSC?) Republic of Indonesia has reached the 9 5/8? casing point at 1,085 meters Measured Depth.
Current operation is preparing to run the 9 5/8? casing.
Lundin spudded the well on Oct. 13. Nido has a 10% working interest in the PSC with Lundin holding the balance. (ends)