NGY nuenergy gas limited

News: NuEnergy Gas starts drilling of coal seam gas well in Indonesia

  1. NuEnergy Gas (ASX:NGY) has started drilling of the first coal seam gas well at its Rengat Production Sharing Contract tenement in Central Sumatra, Indonesia.

    The company will core, log and conduct permeability testing on coal formations in the well to identify and map coal continuity across the basin and to understand the reservoir characteristics for further development.

    Rengat covers 2,395 square kilometres of Central Sumatra Basin and lies in between prolific oil and gas concessions located in the Central Sumatra Basin in the vicinity of a major gas pipeline from Jakarta to the Chevron Duri Steam Flood project and related infrastructure.

    NuEnergy has a 100% working interest in Rengat PSC.



    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

 
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