Interesting reading the latest CVN ann regarding L44-R well....

Interesting reading the latest CVN ann regarding L44-R well. They seem to be encouraged enough by the way this well played out that they now want to fast track the Nong Bua well.
Nong Bua is to be the first well drilled (or re-drilled) in L20/50 by the SUR/CVN JV.
Originally slated for late 2008, now it looks like it will be starting soon.

"L44-R is remarkable due to the complete lack of hydrocarbon shows observed while drilling
through the lost circulation zones, yet commercial quantities of oil have been pumped to
surface on test. Based on these results, the operator has upgraded the status of 2 large
volcanic reservoir prospects at Si Thep (approximately 7.5 sq kms in area) and Nong Bua
(approximately 4.6 sq kms in area). Both these structures, drilled in the 1980’s by an earlier
operator, encountered lost circulation in volcanics but were never tested due to the lack of
hydrocarbon shows observed while drilling. Plans are underway to start drill pad construction
at Si Thep and Nong Bua immediately. Updates will be provided upon completion of a
detailed testing programme over a number of potential intervals."