By OGJ editors
HOUSTON, May 26 -- Serica Energy Corp., Toronto, has requested tenders for a rig to drill on its Biliton Block in the Java Sea in late 2005 or early 2006. The block is between Java and Kalimantan.
Serica plans three wells, depending on results of a seismic program.
The company recently completed a 2D seismic survey¿an infill program designed to acquire data over several large structures identified from an initial 2,000 km of 2D seismic data acquired in January-February, 2004.
A total of 2,300 km of 2D seismic data and gravity and magnetic data were acquired in April. The processing and interpretation of that data will take about 6 months, the company said.
Serica, the operator, signed the Biliton production-sharing contract Dec. 30, 2003, giving it a 90% interest in the block.
