Salamander updates Indonesian ops

The following is an edited excerpt taken from UK firm Salamander Energy plc?s Interim Management Statement released Thursday. (ed)

Bontang PSC (100%, Operator)
The Group has been continuing its technical analysis of the Angklung-1 discovery well and the existing 3D seismic data in order to better understand and map the play systems in the Northern Kutai area. This analysis will assist in identifying the location of the follow up wells in the Bontang PSC planned for 4Q 2011, which will be aimed at appraising the gas play and exploring the oil play.

Southeast Sangatta PSC (75%, Operator)
In the SE Sangatta PSC, adjacent to the Bontang PSC, the Group completed 2D and 3D seismic surveys during 1Q. The results of these surveys are now being interpreted, with early indications of a number of prospects on trend with the Angklung discovery, confirming the continuation of the prospective trend into the SE Sangatta licence. A well on this licence is planned for 4Q 2011.

Bengara I PSC (41.7%)
In the Tarakan Basin the HPS-1 land rig has commenced mobilisation to the South Sebuku-2 well site and is expected to spud during May 2011. (end of edited excerpt)