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- Release Date: 30/09/13 15:47
- Summary: MINE: NZO: Kisaran Exploration Well: Testing to commence in PM-3
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NZO
30/09/2013 12:47
MINE
REL: 1247 HRS New Zealand Oil and Gas Limited
MINE: NZO: Kisaran Exploration Well: Testing to commence in PM-3
Preparations are underway to begin flow testing in the Parit Minyak-3 (PM-3)
well located in the Kisaran PSC in onshore Sumatra, Indonesia.
Based on wireline logging results, up to two drill stem tests (DSTs) will be
conducted. The first will be an open hole test over a gross interval of 246
feet, the second will be in cased hole over a gross interval of 62 feet.
Depending on the types of fluids and rates of flow, this testing program
could take 15-20 days.
The well has been drilled to a total depth (TD) of 8760 feet (2670 metres).
New Zealand Oil & Gas Ltd has a 22.5 per cent stake in the joint venture
through its subsidiary NZOG Asia Pty Ltd. The Kisaran Joint Venture partners
are Pacific Oil & Gas (55 per cent and Operator) and Pacific Oil & Gas
(Sumatera) Ltd, a subsidiary of Bukit Energy Inc. (22.5 per cent).
John Pagani
External Relations Manager
M: +64 21 570 872
End CA:00241779 For:NZO Type:MINE Time:2013-09-30 12:47:02
