Just a snippet from last nights announcement by Premier on their trading and operations activities.
EXPLORATION AND APPRAISAL UPDATE
Three successful wells were drilled during the first half of the year. As previously announced, the Cá Rong Ðo well on Block 07/03 in Vietnam intersected approximately 90m net oil and gas pay within multiple stacked reservoir layers. Drill stem tests were run over two of these reservoir zones, testing oil at a combined rate of 3,265 bopd, together with 8.1 mmscfd of gas on a 48/64" choke. Planning is advanced for a 3D survey to identify locations of on-trend structures for drilling in 2010. In the meantime, a second exploration well on the block is planned for November.
Just a snippet from last nights announcement by Premier on their...
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