KrisEnergy Ltd. provided an update on the Rossukon-3 exploration well in G6/48 in the Gulf of Thailand, which was drilled by the jackup Key Gibraltar (300' ILC) following the successful evaluation of the Rossukon-2 and sidetrack wells in March. Rossukon-3 was drilled to a total depth of 7,497 feet (2,285 meters) measured depth, or minus 6,235 feet true vertical depth subsea (TVDSS).

KrisEnergy’s preliminary interpretation of well logs indicates that the well intersected approximately 75 feet true vertical depth (TVD) of net oil-bearing sandstones and 49 feet TVD of net gas-bearing sandstones over several reservoir intervals. Water depth at the Rossukon-3 location is 208 feet.

The well lies 1.2 miles (1.9 kilometers) west of the Rossukon-2 surface location and 1.1 miles (1.8 kilometers) northwest of the original Rossukon-1 discovery well, drilled in 2009. Rossukon-3 will be plugged back and the G6/48 partners have agreed to immediately begin drilling the Rossukon-3ST sidetrack exploration well.

Tags: KrisEnergy Ltd.