Pearl to commence Makassar Strait drilling late this year

Monday, June 20 2005 - 01:59 AM WIB

Singapore-based E&P firm Pearl Energy Limited is scheduled to commence exploration well drilling in Sebuku PSC in Makassar Strait 4th quarter of 2005.

The company said in its rig procurement pre-qualification announcement lodged in Jakarta newspaper Monday that the company is committed to drill at least 3 exploration wells in the block.

Pearl has 100 percent working interest in the block. (alex)

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