Cue Energy [ASX: CUE] - Naga Selatan-1 Well updates, Mahakam Hilir PSC,
Indonesia - 27Jun2012
Cue Energy Resources (ASX: CUE) has provided
the following update regarding the drilling of the Naga Selatan-1 well. The well
is located within the Mahakam Hilir PSC in the Kutei Basin, Indonesia. The well
operator is SPC Mahakam Hilir Pte. Ltd.
The Naga Selatan (Southern
Dragon) prospect is situated approximately 7.5km to the west of the producing
Sanga-Sanga oilfield.
Total depth (TD) of the 8 ½ inch hole section was
reached on 20th June 2012 at 8,300 feet. Following conditioning of the hole,
wire-line logs have been run and this programme is on-going. Cue will provide
further reports to the market once wire-line logging has been completed and the
results have been conclusively evaluated.
No comments:
Post a Comment