Gujurat State Petroleum Spuds Krishna Godavari Well

Jubilant reported that the appraisal well DDE-APP-1, located in 101 meters of water, was spudded on Saturday, January 1, 2011 by the Deep Driller 1 rig from Aban Offshore Limited.

This is the second appraisal well in the Deen Dayal East ("DDE") area of the KG-OSN-2001/3 block. The target depth of the well is 4750 meters true vertical depth with the objective of appraising the hydrocarbon bearing sands of KG-16 discovery well.

This is the seventeenth well to be drilled by the consortium in the block. The last 12 of the wells drilled all tested gas and condensate. Of these wells, four were drilled in Deen Dayal West, two in Deen Dayal East (including one appraisal well), two in Deen Dayal North, two in Deen Dayal North East-BRU and two in Deen Dayal Downthrown.

Jubilant holds a 10% participating interest in this block through its subsidiary Jubilant Offshore Drilling Private Limited in India. Gujarat State Petroleum Corporation Limited, with an 80% participating interest, is the Operator for the block.

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 Company: Jubilant Energy Ltd.more info
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