Premier Oil to drill four wells in 2014
Friday, January 17 2014 - 05:31 AM WIB
UK oil and gas firm Premier Oil plc plans to drill four wells this year, the company said in a statement obtained Friday.
Following on from the Anoa Deep success in 2012, Premier Oil said it will further explore the Lama play in Natuna Sea Block A, West Natuna Sea (Offshore) Indonesia. The first well, to be drilled in the first quarter of this year, will test the Ratu Gajah prospect with a gross prospective resource of up to 700 bcf.
The Anoa Deep discovery will also be appraised in the fourth quarter, it added.
The company also plans to spud the Kuda and Singa Laut wells in the Tuna PSC in the first quarter of this year. ?The well will initially test the Kuda Laut segment and then sidetrack to test the adjacent Singa Laut segment,? it said.
The Tuna block is located offshore Natuna Island. The block was awarded to the consortium of Premier Oil (65 percent) and Mitsui Oil Exploration Company Limited (MOECO) with a 35 percent interest.
Editing by Reiner Simanjuntak