PT Sumatera Persada Energi (SPE)
Oilex Calls Off Acquisition of Additional Stake in West Kampar PSC
Friday, January 09, 2009 Oilex has elected to terminate its agreement to acquire an additional 15% participating interest in the West Kampar PSC onshore Sumatra.
Oilex Nabs Additional 15% Interest in West Kampar Area
Friday, August 15, 2008 Oilex entered into an agreement to acquire an additional 15 percent working interest in the West Kampar PSC from PT Sumatera Persada Energi, thereby increasing Oilex's working interest from 45 percent to 60 percent.
Oilex Underscores 13.7MM Barrel Estimate for Indonesian Field
Wednesday, July 30, 2008 Oilex reported that a Plan of Development including an updated resource assessment for the Pendalian Oil Field, located in the West Kampar Production Sharing Contract area in Indonesia, is being submitted to the Indonesian Government for approval.
Oilex Concludes Pendalian-3 Testing Program
Tuesday, November 27, 2007 SPE says that the final drillstem swab test has been concluded at Pendalian-3 oil discovery.
Oilex Upgrades Flow Potential from Pendalian-3
Monday, November 19, 2007 Oilex says that the Pendalian-3 at the West Kampar PSC in Indonesia has tested oil from 2 zones at commercial rates.
Oilex Updates Drilling Operations in Indonesia and India
Tuesday, October 23, 2007 Oilex reports that its Pendalian-3 in Indonesia and the Bhandut-2Z in India indicate promising oil shows.
Oilex Drilling Ahead at Pendalian-3 in Indonesia
Tuesday, October 02, 2007 Oilex says that surface casing has been set at a depth of 76.2 meters and preparations are being made to drill ahead in 12 1/4 inch hole at the Pendalian-3 located in West Kampar Production Sharing Contract Area, Central Sumatra, Indonesia.
Oilex to Acquire Stake in West Kampar PSC
Wednesday, May 30, 2007 Oilex Ltd, through a wholly owned subsidiary, has entered into an agreement to acquire a 45% interest in the West Kampar Production Sharing Contract (PSC), onshore Sumatra, Indonesia.