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    Salamander Energy Announces Gas Discovery at Kalimantan Well

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Summary

Salamander Energy announced Wednesday that the West Kerendan-1 (WK-1) exploration well in Indonesia has successfully tested gas.

by: shardul

Posted in:

Asia/Oceania

Salamander Energy Announces Gas Discovery at Kalimantan Well

Salamander Energy announced Wednesday that the West Kerendan-1 (WK-1) exploration well in Indonesia has successfully tested gas and will be potentially completed as a future producing well following completion of the testing programme.

The well lies within the Bangkanai PSC, in Central Kalimantan. Salamander has a 70% operated interest in the WK-1 well.

According to the company, within the upper gas column, the West Kerendan discovery has been independently certified by Salamander’s reserves auditor to contain recoverable gas in the range 133 Bcf – 682 Bcf with a mid-case assessment of 313 Bcf.

“This is in addition to the certified resource of 280 Bcf in the Salamander-operated Kerendan field currently under development. Above and beyond these resources, management estimate an additional 50 Bcf of recoverable gas to be available from the lower gas column, which has been successfully tested,” the company said.

“The results to date from the West Kerendan-1 gas discovery support our belief that the area has potential to be an important gas province,” James Menzies, CEO of Salamander, commented. 

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