The Mustika-1 well is being drilled using the jack-up rig KS Java Star in the Sakti production sharing contract. Drilling is expected to take 20 days to reach the targeted Kujung I formation and total depth of 3100 feet.
Singapore-based KrisEnergy was awarded the Sakti permit with a 95% operator interest in February 2014. Golden Heaven Jaya holds the remaining 5%.
KrisEnergy
