DRILLING

Oilex finds shows in Sumatra drilling

JUNIOR explorer Oilex and joint venture partner PT Sumatera Persada Energi have intersected sever...

Oilex said preliminary indications while drilling were that the target Sihapas sands were intersected as expected, while the potential oil zones were located at depths similar to the nearby Pendalian-1 well.

A wireline logging program is now being carried out in Pendalian-3, which was drilled to a planned total depth of 748m.

Once this is completed, the well will be cased and a comprehensive 14-day multi-zone testing program undertaken.

Participants in the West Kampar PSC are: PT Sumatera Persada Energi (operator and 55%) and Oilex (45%).

Meanwhile, Oilex has drilled its Bhandut-2Z sidetrack in India to the planned core point at a depth of 1024.8m and has cut a 9m core that will provide porosity, permeability and oil saturation information over the target Miocene G sand.

Preparations are underway to resume drilling to a total depth of 1083m following which wireline logs will be run.

This may lead to testing of the well and a decision on completing the well for production.

Oilex holds a 40% stake in the Bhandut Production Sharing Contract, while co-venturer Gujurat State Petroleum Corporation has 60%.

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