Sonoro Energy commences drilling on LG-1 Up-dip well
Tuesday, October 3 2017 - 12:54 AM WIB
Calgary-based junior oil and gas firm Sonoro Energy Ltd announced Monday that drilling has begun at its LG-1 Up-dip appraisal well in Budong Budong PSC, West Sulawesi Province.
?Sonoro?s drilling contractor, PTI Advanced Services Indonesia (ASI), has rigged up with all personnel and services on site at the LG-1 Up-dip wellsite on the Budong Budong Production Sharing Contract (PSC) lease, and has begun drilling operations with its Rig 3,? the company said in a statement.
Sonoro also announced that it has received further confirmation from Indonesia's Directorate General of Oil and Gas (MIGAS) that the exploration period for the Budong Budong PSC remains valid through January 15, 2018, and that Sonoro has until that date to drill, complete and test the LG-1 Up-dip well with no further conditions attached.
The company said that a MIGAS representative visited the LG-1 Up-dip site this past weekend and performed an inspection to its satisfaction, enabling Sonoro to begin drilling operations.
"We are pleased to have the continued support of the Indonesian government regulator SKKMIGAS and MIGAS to commence drilling operations with confidence," said Sonoro CEO and Director Richard Wadsworth.
"With this confirmation and inspection," added Wadsworth, "we expect the initial drilling to now proceed cautiously in the top hole section, given the documented hydrocarbon overpressure encounters in the region, such that extra precautions are taken to be prepared for potential shallow gas kicks in the upper hole."
Editing by Reiner Simanjuntak