Oilex updates C. Sumatra drilling operation
Thursday, September 6 2007 - 05:43 AM WIB
The following is an excerpt from Australian firm Oilex Ltd drilling update report released on Thursday.
WEST KAMPAR PSC
The Operator Sumatera Persada Energi (“SPE”) has advised that mobilization of the drilling rig has been hampered by washout of narrow access roads caused by heavy monsoon rains and the operations on site have, consequently, been proceeding slowly as the rains continue to retard progress.
The materials and most of the equipment are on site and rigging up has commenced in preparation for spud of Pendalian-3 well in due course.
The Pendalian-3 well will appraise the oil field discovered in 1993 by the Pendalian-1 well, a cored slim hole which encountered a number of oil zones at depths ranging from 250 metres to 500 metres. Two shallow zones in the Sihapas Sandstone flowed oil from cased hole tests in Pendalian-1, one at 530 barrels per day.
Participants in the West Kampar Production Sharing Contract are, Oilex 45%, Sumatera Persada Energi 55%(Operator) (end of excerpt)