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Brunei: Kulczyk rigs up to drill triple junction structure

Kulczyk Oil Ventures Inc., Calgary, said its AED Southeast Asia Ltd. subsidiary is rigging up to drill the Lukut Updip-1 well on the onshore portion of 1,123 sq km Block L in Brunei.

LKU-1 is the first exploratory well to be drilled in the Brunei Block L Phase 2 drilling campaign. The well will test the potential of a “triple junction” structure that has formed where the Belait and Jerudong anticlines intersect the Simbatang fault.

The primary targets, at a true vertical depth of 2,000 m, are base slope sand deposits of Middle Miocene age with as much as 250 m of anticipated aggregate thickness. Overpressure is expected, and Kulczyk will use managed pressure drilling techniques.

KOV has a 90% interest in Block L with indirect wholly-owned subsidiary Kulczyk Oil Brunei Ltd. having a 40% interest and indirect wholly-owned subsidiary AED SEA as operator holding 50%. A private Brunei company has the other 10%.

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