Ramba completes exploration drilling at Kusuma-1 well

SGX-listed oil and gas firm Ramba Energy Limited announced on Friday it has successfully drilled the Kusuma-1 well in the West Jambi block located in Jambi Province

Five tests were performed. Two tests resulted in flaring, and swabbing resulted in freshwater. One test was determined as not conclusive, swabbing resulted in the recovery of approximately 2.5 barrels of drilling fluid.

The remaining two tests resulted in no flaring and no recovery.

After consultation with Pertamina EP, it was concluded that the Kusuma-1 well shall be categorized as a suspended gas well, pending further studies. A full study is expected to be carried out in the future.

The company will begin preparations to drill the Kusuma-2 exploration well. The Kusuma-2 exploration well is located approximately 7km from the Kusuma-1 well.

Ramba ? through its subsidiary, Ramba Energy West Jambi Limited ? holds a 100 percent working interest in the West Jambi Block.

Editing by Johannes Simbolon