VICO expects more production from Sanga Sanga CBM PSC
Monday, February 25 2013 - 05:16 AM WIB
Virginia Indonesia Company (VICO) announced that CBM wells in Mutiara and Pamaguan within the Sanga Sanga PSC in East Kalimantan are ready for production after the completion of dewatering process.
?VICO CBM activities are proceeding well with CBM wells in Mutiara and Pamaguan in fact already producing gas at steady rates as dewatering proceeds," said Lies Tjokro, Senior Manager GA and Communication to petromindo.com.
?In January 2013 the Raden-1 exploration well was spudded, which is the first CBM well in the Bajau area, and will help test the potential of the south west Sanga Sanga PSC."
Lies Tjokro added that there will be several more wells to be explored at the Sanga Sanga.
Editing by Dadan Wijaksana