Triangle to drill 4 wells in 2013-14
Monday, March 18 2013 - 04:30 AM WIB
ASX-listed Triangle Energy (Global) Limited said that it plans to carry out a four well drilling program in 2013/14 on the Pase block in Aceh.
Triangle said in a presentation material released on Monday that it has assembled a very experienced subsurface team for the development of a leads database, selection of in-fill drilling locations, reprocessing of seismic data and selection of near-field drilling targets.
Preliminary technical studies have already identified three potential undrained gas opportunities on the Pase field. The company said the program has been approved by the upstream authority SKK Migas.
Meanwhile, it also reported that production from the Pase A-1, A-5 and A-6 wells totaled 345.2 MMCF for the last half-year of 2012, quarterly as follows:
| September quarter | 183.5 MMCF |
| December quarter | 161.7 MMCF |
| Total | 345.2 MMCF |
Editing by Dadan Wijaksana