Salamander updates Indonesian ops

The following is an excerpt taken from UK oil, gas firm Salamander Energy Plc?s Interim Management Statement for the period from 1 July 2008 to 13 November 2008, released on Friday.

Glagah Kambuna TAC (Salamander operator, 50% interest)
In September 2008, after assuming operatorship of the Glagah-Kambuna TAC, offshore North Sumatra, Indonesia, Salamander completed a reassessment of the Kambuna field development status. This highlighted that the level of work required to refurbish the existing facilities at Pangkalan Brandan will constrain initial production levels. First gas was therefore reforecast to April 2009 with full production by September 2009.

Simenggaris block (Salamander 21%interest)
The South Sembakung gas and condensate field in the Simmengaris PSC, Indonesia received Plan of Development approval from the Indonesian authorities in August 2008. Development drilling and construction activity is expected to commence during 2009 with first gas in 2011.

Bontang PSC (Salamander operator, 90% interest)
During the period Salamander drilled the Tutung Alpha-2 appraisal well in the Bontang PSC. Reservoir studies are being carried out following the appraisal drilling at Tutung ahead of reviewing development options and commerciality.

The first of the wells on the Bontang PSC is likely to target a prospect called Angklung and Salamander will be acquiring further 3D seismic on the Angklung cluster of prospects prior to year-end in order to high grade the potential drilling locations.

Bengara-1 PSC (Salamander 25% interest)
The access and well site for the South Sebuku exploration well in the Bengara-1 PSC, East Kalimantan, Indonesia, is being prepared and this well is now expected to spud in January 2009.(end of edited excerpt)