Scandinavian Oil-Gas Magazine

http://www.scandoil.com/moxie-bm2/oil/new_developments/premier-oils-second-discovery-boosts-reserves-on-t.shtml

Premier Oil's second discovery boosts reserves on Tuna block offshore Indonesia

Premier Oil Plc's (Premier), latest exploration well offshore Indonesia has discovered wet gas reserves in the Singa Laut structure in the

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Premier Oil-3

Premier Oil Plc's (Premier), latest exploration well offshore Indonesia has discovered wet gas reserves in the Singa Laut structure in the Tuna production-sharing contract.

The Singa Laut-1 well penetrated 54 metres of gas-bearing reservoir quality sands within the target Oligocene sequence. Premier Oil commented that the gas appears to be of similar quality to the liquids-rich gas from adjacent wells, and that resources on the block have increased to a potential 100 MMboe. The company plans appraisal drilling on both discoveries next year.

Tags: Premier Oil