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Wednesday, 07 January, 2009, 18:20 GMT | more >>

West Kampar duo ready to spud



By Upstream staff 

The joint venture partners at the Indonesian West Kampar Block production sharing contract have mobilised drilling equipment for the Pendalian-3 appraisal well and will begin drilling later this month.

Sumatera Persada Energi (SPE) has completed site preparation and the well is expected to spud within 10 to 15 days, Australian co-venturer Oilex said.

The company added that the Indonesian government had now formally approved the assignment of a 45% participating interest in the West Kampar PSC from SPE to Oilex.

The participating interests in the PSC after the assignment are operator SPE (55%) and Oilex (45%).


Monday, 13 August, 2007, 07:10 GMT  | last updated: Monday, 13 August, 2007, 07:10 GMT

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