Salamander Announces Spudding Of Indonesia Well

Salamander Energy has announced the spudding of Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia. Salamander has a 23.4% non-operated interest in the Kutai PSC.

The Tayum well will be drilled to a depth of approximately 2,563 metres total vertical depth sub-sea and is targeting multiple stacked deltaic sandstone reservoirs of Upper Miocene age adjacent to the Dambus discovery, Salamander said.

The mean gross pre-drill estimate of prospective recoverable resource is about 80 Bcf, with an upside (P10) case of 182Bcf. The operator is carrying about 73 Bcf (2C) of contingent resource, with an upside case of 115 Bcf (3C), on the block and success at Tayum could result in a commercial development.

KrisEnergy is the operator of the Kutai PSC and holds a 54.6% interest.