Santos Indonesian drilling update
Thursday, April 21 2005 - 03:44 PM WIB
The following is excerpt from Santos Limited?s Weekly Drilling Report for week ending April 21, 2005:
| Delineation well (Near Field Exploration/Appraisal Well) | 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 -- 20/04/05 (Jakarta Time) | Stabilising well prior to pulling out with core barrel. The current depth is 1083m with 287m progress for the week. |
| Planned Total Depth | 1073m |
| Interest | Lapindo Brantas 50% |
| Medco Sampang 32% | |
| Santos Group 18% | |
| Operator | Lapindo Brantas |