PEP to spud Penyu-1 well next year

Tuesday, November 26 2013 - 12:14 PM WIB

By Febry Silaban

PT Pertamina EP (PEP) will spud the Penyu-1 well in Matindok block, Southeast Sulawesi, around January or February 2014, said a senior official of the firm.

?Now, we are still waiting for the result of the rig tender,? PEP's Exploration Director, Doddy Priambodo told Petromindo.com on Tuesday.

He said the location has been 100 percent prepared for spudding.

Editing by Johannes Simbolon

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