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- Release Date: 24/09/13 10:48
- Summary: MINE: NZO: Kisaran Exploration Well weekly progress report
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NZO
24/09/2013 08:48
MINE
REL: 0848 HRS New Zealand Oil and Gas Limited
MINE: NZO: Kisaran Exploration Well weekly progress report
At 2.00PM Sunday, 22 September (local time), a total depth (TD) of 8760 feet
(2670 metres) was reached in the Parit Minyak-3 (PM-3) well located in the
Kisaran PSC in onshore Sumatra, Indonesia.
The current operation is running wireline logs of the open hole section, and
preparing to run Drill Stem Tests (DSTs) of zones of interest in the open and
cased hole sections of the well.
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:00241474 For:NZO Type:MINE Time:2013-09-24 08:48:37
