Santos Indonesian drilling update
Thursday, March 31 2005 - 08:12 AM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending March 31, 2005:
| Delineation Wells (Near Fields Exploration/ Appraisal Wells) | Tanggulangin 4 |
| Type | Oil Appraisal |
| Location | Onshore Indonesia |
| Brantas PSC, East Java Basin. 1.0km N of Tanggulangin 1, 5.0km E of the Wunut Field facilities, and some 35km S of Surabaya. | |
| Status at 0600hrs -31/03/05 | Preparing to drill ahead in 12 ?? hole at 303m. The current depth and progress for the week is 306m. Tanggulangin 4 spudded on 25/03/05. |
| Planned Total Depth | 1037m |
| Interest | Lapindo Brantas 50% |
| Medco Sampang 32% | |
| Santos Group 18% | Operator | Lapindo Brantas |