Indonesian Political, Business & Finance News

Gatari to survey Arco's field

| Source: JP

Gatari to survey Arco's field

JAKARTA (JP): Carson-Gatari Aerogravity has won a tender to do
a 5,500-line kilometer airborne gravity and magnetic survey on
Arco's Babo oil field in Irian Jaya, Gatari said yesterday.

The geological data from the survey, to begin as soon as a
permit is granted early next year, is part of Arco's largest
seismic survey, Gatari said.

The company said the survey would effectively reduce seismic
costs and increase exploration accuracy, especially in remote
areas like Irian Jaya.

Paul Cleek, the vice president for Far East operations of
Carson Aerogravity, Gatari's foreign partner, said his company
would work with Gatari to pursue follow-up surveys, including
non-exclusive surveys over open acreage, with other petroleum
companies in Indonesia. (04)

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