Santos plans 8 Indonesian exploration wells in 2006
Wednesday, January 25 2006 - 04:11 AM WIB
?Oil is the main target for the Kutei and East Java exploration wells which represent the next potentially high volume opportunities in the Company?s Indonesia strategy,? said Santos? Managing Director, John Ellice-Flint, in a statement.
The table below details the proposed 2006 exploration drilling program. (robert)
Well/Prospect | Basin/Area | Target |
Indicative Prospect Upside Resource Potential (mmboe) Unrisked | Santos % Interest | Quarter Drilling Expected to Commence | |||
1-50 | 50-100 | 100-250 | >250 | |||||
| East Java (A) | East Java | Gas/Oil | * | ? | ? | ? | 45 | Q2 06 |
| East Java (B) | East Java | Gas/Oil | ? | ? | * | ? | 45 | Q2 06 |
| East Java (C) | East Java | Oil | ? | ? | * | ? | 45 | Q3 06 |
| East Java (D) | East Java | Oil | ? | ? | * | ? | 75 | Q3 06 |
| Kutei (A) | Kutei | Gas/Oil | ? | ? | * | ? | 20 | Q3 06 |
| Merpati | East Java | Oil | ? | * | ? | ? | 75 | Q3 06 |
| Hiu Aman Selatan | Kutei | Gas | ? | * | ? | ? | 50 | Q4 06 |
| Kutei (B) | Kutei | Gas/Oil | ? | * | ? | ? | 50 | Q4 06 |