Caltex finds oil in Riau

JAKARTA (JP): PT Caltex Pacific Indonesia, an oil production sharing contractor of state-owned Pertamina, has struck oil at the Sijambu field in Bengkalis district, Riau, about 120 kilometers northwest of its giant oil field in Duri.

Pertamina announced yesterday that according to a test, an exploration well, called Sijambu No.1, at the new oil field can produce 280 barrels of oil and 20 barrels of water per day at a depth of 2,427 feet through the Greywacke base rocks.

Caltex, which is owned by multinational companies Chevron Corporation and Texaco Incorporation, both of the United States, has four concession areas in central Sumatra -- Rokan, Siak, CPP, and MFK Pekanbaru Blok, in production.

The company also has an exploratory concession area in Nias Block, off the western part of Sumatra. (13)