Jubilant Drills 6th Kharsang Well

Jubilant announced that KPL-E, the sixth of the seven development wells of the Phase-III drilling campaign in the oil producing Kharsang Field, Arunachal Pradesh, was spudded on February 26, 2012.

KPL-E, located in the southern area of the field to the south-west of wells KSG#40 and KSG#51, is being drilled with the primary objective of appraising the lower M-00 and S-00 sands together with the secondary objective of appraising the T-00 sand. The well will be deviated by approximately 548 meters to the south from the existing plinth of well KSG#32 and drilled to a target depth of approximately 4,593 feet (1,400 meters) True Vertical Depth ("TVD").

The fifth development well, KSG#62 (previously referred to as KPL-F), which was spud on January 13, 2012, has been successfully drilled to a target depth of 5,328 feet (1,624 meters) Measured Depth ("MD") (4,856 feet or 1,480 meters TVD) and was completed on February 17, 2012. Based on the results of the wireline log interpretation, mud log shows and formation pressure data from the Reservoir Dynamic Tester, a number of sands have been encountered in the well in line with previous expectations. The consortium will be testing these sands and expects to put the first zone on production following the completion of testing. A further release will follow regarding the flow rates achieved once testing is competed which is expected to take approximately three weeks. The KSG#62 well will be tested with the smaller capacity work-over rig mobilized to the site on February 26, 2012.

GeoEnpro Petroleum Ltd., a joint venture between GeoPetrol and Jubilant Enpro (a member of the wider Jubilant Bhartia Group), is the operator of the Kharsang Field. Jubilant holds a 25 percent interest in the block through its subsidiary, Jubilant Energy (Kharsang) Pvt. Ltd. The other members of the consortium are Oil India Ltd. and GeoPetrol.

Related Companies
 Company: Jubilant Energy Ltd.more info
 - Jubilant Well Successfully Flows Gas (Jun 3)
 - Jubilant Spuds 4th Well at Kharsang (May 20)
 - Jubilant Spuds Third Kharsang Well (Apr 22)

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