Salamander spuds Angklung-1 exploration well offshore Indonesia

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.

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