Computalog enters Indonesia

Computalog enters Indonesia

CALGARY (Dow Jones): Computalog Ltd. (CLTDF) said it has entered into arrangements to deliver wireline logging services and wireline products to new markets in Indonesia and Mexico.

In a news release, the company said the company said it has also closed the sale of two cased hole wireline logging units complete with CS400(R)C data acquisition systems to PT. Elnusa, an affiliate of Pertamina.

PT Elnusa took delivery of the equipment at Computalog's manufacturing facility in Fort Worth, Texas in June, and its personnel are currently undergoing CS400(R)C and related wireline training at Computalog's facilities in Fort Worth.

The company said it has also commenced open hole and cased hole logging and completion services on a turnkey project in the Burgos Field for PEMEX, Mexico's state-owned natural resource company.

Computalog provides wellbore knowledge and solutions through its electric wireline and directional drilling services.