Oil found in East Java<\/p>\n
JAKARTA (JP): Santa Fe Energy Resources Ltd. of the United
\nStates has discovered oil from its two concession wells, the
\nMUDI-1 and MUDI-1 sidetrack, at the Rahayu village of the Tuban
\nregency in East Java, the state oil company Pertamina says.<\/p>\n
A spokesman for Pertamina said here over the weekend that a
\ntest on the MUDI-1 well, which has been drilled since last
\nDecember at a depth of 8,443-8,795 feet, flows 11,364 barrels of
\ncrude oil per day, while a test on the MUDI-1 sidetrack at a
\ndepth of 8,418-8,800 feet yields oil flows of 2,020 barrels per
\nday.<\/p>\n
The interest of the production sharing contract for oil and
\ngas exploration in the Tuban bloc is 50 percent owned by
\nPertamina, 12.5 percent by Santa Fe Energy Resources Java Ltd. of
\nthe United States, 12.5 percent by Total Tuban of France, 12.5
\npercent by Risyad Salim Resources of Indonesia and 12.5 percent
\nby Enserch Far East Ltd.(yns)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/oil-found-in-east-java-1447893297",
"image": ""
},
"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
}