Pan Orient Energy Flows Gas from Sumatra Well

Pan Orient Energy has announced gas flow from the Akeh-1 exploration well, located in the Batu Gajah PSC, onshore Sumatra, Indonesia.

The well has been tested over four zones within the primary target Lower Talang Akar sandstone formation. The average testing rates for DST 4 (5314-5324 ft) over a combined 12 hour and 37 minute flow period utilizing four different choke settings were 6.8MMscfg per day of natural gas (2% CO2), 269 barrels per day of API 60.1 degree condensate and BS&W of 11.6% (emulsion comprised of 97% condensed water (chlorides 3545.3 mg/l), 2% Sediment, and 1% Condensate (API 60.1 degrees)).

A total of 3.7MMscf of natural gas, 142.2 barrels of condensate and 25 barrels of condensed water was produced during the entire test period.

The next steps will be holding discussions with the Government of Indonesia in relation to having the Akeh structure 'Released from Exploration Status', the company said. A successful release would allow the commencement of a 'Pre-Plan of Development' study to determine the likelihood of the commerciality of the Akeh-1 discovery, which would be followed (if commerciality is deemed likely) by the compilation and submission of a Plan of Development.