Talisman reports disappointing result at Makassar Strait
Wednesday, January 11 2012 - 04:08 PM WIB
By Alexander Ginting
Canadian top oil, gas firm Talisman Energy reported on Tuesday that its latest deepwater exploration well in eastern Indonesia showed a disappointing result.
The company said that the Lempuk-1 well in Sageri PSC did have gas shows, but has been plugged and abandoned.
The Lempuk-1 well was spudded in October 2011.
Talisman has 50 percent interest in the block with French oil, gas giant Total SA holding the balance.
Editing by David Mustakim