Source: Salamander Energy
Salamander Energy spud the Angklung-1 exploration well on the Bontang PSC in East Kalimantan offshore Indonesia.
The Angklung-1 exploration well will be drilled by the Hakuryu 5 semisubmersible rig in a water depth of 290 meters. It is expected to take approximately 40 days to complete on a dry hole basis.
Angklung-1 will be drilled to a depth of approximately 3200 meters total vertical depth 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 125 MMboe.
Salamander holds an operated 100% interest in the Bontang PSC.