Sele Raya makes oil discovery in West Belani

By Febry Silaban

Oil and gas firm PT Sele Raya Merangin Dua (SRMD) has made an oil discovery at the West Belani-9 well in the Merangin II block, according to a top official of the firm., South Sumatra Province, according to a top official of the firm.

The Merangin II block is located in three regencies, namely Musi Rawas, Musi Rawas, both in South Sumatra province, and Sorolangun in Jambi province.

?We?ve just finished drilling the West Belani-9 well and have discovered approximately 300 barrels per day of oil,? the company's President and General Manager Juchiro Tampi told Petromindo.com.

The Merangin II block was awarded to Sele Raya in October 2003. Sele Raya operates the block with a 44.6 percent interest, while the remaining is held by Merangin B.V. (35.4 percent) and Sinochem Merangin Ltd. (20 percent).

Besides the Merangin II block, Sele Raya also operates two other oil blocks ? Belida oil block in South Sumatra and Blora block in Pati, Central Java, which are now still on exploration stage.

Editing by Johannes Simbolon