RH Petrogas (SGX:T13) subsidiary, Petrogas (Basin) started spudding operations at the Karim-1 exploration well in the Kepala Burung Production Sharing Contract in Indonesia, according to a Friday filing with the Singapore Exchange.
Drilling will be done at a total depth of around 4,300 feet and is expected to be completed in 43 days.
The well is designed to assess the oil potential at the Miocene Kais reservoir, which is situated around 7 kilometers from the Karim-1 well.
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