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Gulf finds new gas well

| Source: JP

Gulf finds new gas well

JAKARTA (JP): State-owned oil and gas firm Pertamina announced
yesterday that Gulf Indonesia Resources Ltd had drilled a new gas
well, the Rebonjaro Dalam-1, in its Corridor production sharing
contract (PSC) area in South Sumatra.

The Rebonjaro Dalam-1 exploration well, tested four zones at
between 1,801 meters and 2,124 meters. Gas flowed at an initial
rate of 6.2 million cubic feet per day during an eight-hour
period. The composition of the gas was 26 percent carbon dioxide.

The Rebonjaro Dalam-1 well, Gulf's eighth gas discovery in the
area since 1991, is located just 5 kilometers from the main
gathering line of the Corridor gas project which links to Caltex
Indonesia's Duri steamflood project in Riau.

"The proximity of the discovery to the Corridor gas project
infrastructure will enable easy tie-in for future gas production
from the area," Pertamina said.

Gulf Indonesia maintains a 54 percent interest in the Corridor
PSC and acts as operator. Its partners are Talisman Energy Icn of
Canada with 36 percent and Pertamina with 10 percent. (rid)

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