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Indonesia: Niko updates exploratory drilling progress

Niko Resources Ltd., Calgary, has moved the Hercules 208 jackup to the Ratnadewi-1 prospect from Candralila-1 on the Lhokseumawe block in Indonesia.

Niko plugged and abandoned Candralila-1 without reaching target depth due to mechanical problems. The well had oil and gas shows while drilling, and partial logs recovered had indications of potential prospectivity. Information from the Ratnadewi-1 well will assist in determining prospectivity for Candralila-1, Niko said.

The Discoverer Seven Seas drillship is scheduled to spud the Lebah prospect on the North Ganal block in Indonesia in August after the completion of its current drilling location.

Meanwhile, in Trinidad, the Rowan Gorilla III jackup has spudded the Shadow-1 prospect on the 2(ab) block.


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