Sound Oil updates Indonesian ops
Thursday, September 29 2011 - 10:25 AM WIB
Citarum PSC, onshore West Java, Sound Oil 20%
In Java, Indonesia, work is underway on the well sites for three substantial exploration prospects on the Citarum PSC where we have a 20% interest. The site at Jatayu is now complete and the road to the Cataka well site 50% finished. The operator Pan Orient Energy advises that the Jatayu-1 well is expected to start in late November followed by Cataka-1 and the third well Geulis-1, back to back.
Bangkanai PSC, onshore Central Kalimantan, Sound Oil 5%
In Kalimantan, Indonesia we have a 5% carried interest in a two well exploration programme and the development of the Kerendan gas field on the Bangkanai PSC. Salamander Energy, the Operator, advises that the Sungai Lahei-1 exploration well will start drilling on a very large prospect at the end of November. This deep well will be turned into the first production well in the shallower overlying Kerendan gas field. During 2012 a further 3 wells will be drilled at Kerendan which is scheduled to start gas production in mid 2013. (end of excerpt)