Release: CityView: Drill Results - Konang 3
Monday, September 11 2006 - 03:33 AM WIB
September 11, 2006 ? CityView has been advised by the Operator, Medco Energi that the drilling of Konang-3 well has reached a depth of 2776 feet. The target depth is 4,920 feet. CityView is free carried through the drilling of Konang-3.
Konang-3 is being drilled in the Madura Block on Madura Island near the city of Surabaya where there is a ready market for oil and gas. The Block covers an area of 674,100 acres. A number of large fields have been discovered in the vicinity and it is these same producing trends which are being examined at Madura. (end of release)