Petroselat plans to conduct workover on 4 wells
Monday, June 22 2015 - 01:09 AM WIB
By Febry Silaban
Petroselat Ltd., subsidiary of IDX-listed PT Sugih Energy Tbk, is planning to conduct workover on four wells in the Selat Panjang PSC in Riau in the near future, according to an official of the firm.
?We?ve just finished the rig tender. PT Sigma is appointed as the contractor,? President and GM of Petroselat Indra Hudaya told Petromindo.com, without providing details about the project value.
According to Indra, his firm has yet to carry out drilling until this month.
As of end of May, the production from the block averaged at 400 bopd., he said.
Editing by Johannes Simbolon