UK based Salamander Energy has started spudding of the Angklung-1 exploration well in the Bontang PSC in East Kalimantan, Indonesia.
The well will be drilled to approximately 3200m total vertical depth sub-sea and is targeting oil and gas in the Upper Miocene – Pliocene sandstone reservoirs.
The mean gross pre-drill estimate of prospective recoverable resource is approximately 125mmboe.
The well will be drilled by the Hakuryu 5 semi-submersible rig in a water depth of 290m and it is expected to take approximately 40 days to complete on a dry hole basis.
Salamander Energy holds a 100% operating interest in the Bontang PSC.
Salamander Energy is an Asia focussed upstream oil and gas exploration and production company, and has a portfolio of production, development and exploration assets with interests located in Indonesia, Thailand, Vietnam and Lao PDR.