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- Release Date: 19/08/13 12:25
- Summary: MINE: NZO: Kisaran Exploration Well weekly progress report
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NZO
19/08/2013 10:25
MINE
REL: 1025 HRS New Zealand Oil and Gas Limited
MINE: NZO: Kisaran Exploration Well weekly progress report
The Parit Minyak-3 (PM-3) located in the Kisaran PSC in onshore Sumatra,
Indonesia spudded on 3 August.
The current operation is running 9 5/8 inch casing to 5072 feet (1546
metres).
The next operation is to continue drilling to the proposed total depth of
8160 feet (2487m).
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
T: +64 4 471 833
End CA:00239855 For:NZO Type:MINE Time:2013-08-19 10:25:56
