The section will be redrilled from 2,491 metres to approximately 3,750 metres, the depth of the 9″ casing point, above the primary objectiveElang/Plover Formation sandstones.
The log analysis of the secondary objective Flamingo Formation has indicated the presence of gas and oil in reservoir of poor quality. The geological horizons have been encountered as predicted or slightly higher than prediction. The Lolotoe-1 well is the second well of a two well program in the Timor Sea contract area JPDA 06-103.
The Elang/Plover Formation primary objective will be evaluated by a suite of data including mud log, real time drilling data and wire line logs after the well reaches total depth to determine presence of hydrocarbons. The well was proceeding ahead of schedule until the operational difficulties and the anticipated time to total depth is now 25 days, the original time estimate on which the well was budgeted.
