Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/rh-petrogas-commenced-drilling-of-the-koi-2-apprai.shtmlRH Petrogas commenced drilling of the Koi-2 appraisal well in IndonesiaMainboard-listed RH Petrogas Limited, engaged mainly in the business of exploration, development and production of oil and gas
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Edit page New page Hide edit links Mainboard-listed RH Petrogas Limited, engaged mainly in the business of exploration, development and production of oil and gas resources, announce that the Group has commenced the drilling of the Koi-2 appraisal well (Koi-2) on 29 November 2013 in the offshore area of the Salawati Kepala Burung PSC (Island PSC) using the Bohai-8 jack-up rig. The Basin PSC is located in West Papua and covers an area of 1,097 km2. Koi-2 is drilled to appraise the Koi-1 discovery, drilled in the year 2000, which flowed 980 BOPD (barrels of oil per day) and 2.7 MMSCFD (million standard cubic feet per day) of gas through a drill stem test from the Miocene Kais limestone. Located in shallow water depth of 32 meters, Koi-2 is planned to reach a total vertical measured depth of 1,402 meters and the drilling is anticipated to take approximately 21 days. |