Aabar Petroleum Investments Company PJSC (“Aabar”) has completed drilling and testing operations on the Mengoepeh South-1 exploration well in the Tungkal Production Sharing Contract (“PSC”) onshore Sumatra, Indonesia.

Mengoepeh South-1 was drilled to a total measured depth of 1,502 metres and encountered 70 metres of net oil pay over a gross pay interval of 188 metres true vertical depth. Four drill stem tests were conducted on the well and flowed at a combined rate of 2,065 barrels of oil per day (“bopd”).

The Mengoepeh South-1 well is located 2.5 km from the existing Mengoepeh oil field, which commenced production in December 2004. The well has been completed as a production well with the ability to flow from two zones. Production will be processed at the nearby Mengoepeh production facilities.

"This successful exploration well confirms the structural integrity of a new accumulation south of the Mengoepeh field and gives us the confidence to expand our development activities in the Tungkal PSC following receipt of regulatory approvals," said Chris Gibson-Robinson, Aabar's Vice President Operations & New Business Development (Southeast Asia).