Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Mirach Energy Updates on Upstream Operations in Cambodia, Indonesia

change text size

Mirach Energy Limited disclosed Friday that its associate company CPHL (Cambodia) has submitted the final draft of Environment Impact Assessment (EIA) for Cambodia offshore Block D to the country's Ministry of Mine and Energy's unit Cambodian National Petroleum Authority (CNPA) for approval.

Approval for an extension to the exploration stage for Block D has been delayed as the Ministry of Mine and Energy, newly created after Cambodia's election in 2013, has not confirmed the "new ministry team to the public," Mirach said in a company release Friday.

CPHL (Cambodia) has been invited by CNPA new management team to continue to apply for the extension, with a formal meeting between the two sides scheduled for early March. This will be followed by a discussion of the company's first drilling plan with the new Minister of Mine and Energy.

Meanwhile, Prisma Kampung Minyat (PKM) has been granted the drilling and operation budget from Indoensia's national oil and gas company Pertamina to drill another five deeper wells to test deeper pay zones (S8-S12) at the Kampung Minyak oil field in south Sumatra, Indonesia. All designed depth for the 5 new drillings are over 2,952 feet (900 meters). However, with a conservative investing plan, PKM management decided to drill two deeper wells to assure the production and gain better geological knowledge of deeper zones at first stance. The drilling is scheduled to start in the second quarter of this year.



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  GNRL Oil & Gas Finds Oil at ND#1A Well... (Sep 23)
 -  Drilling at Gobi-1 Well in West Natuna... (Sep 23)
 -  Pertamina to Deploy New Rig to Drill a... (Sep 19)
 -  Pingvin Well Finds Gas in Barents Sea (Sep 19)
 -  GE Oil & Gas Wins Subsea Manifold Deal... (Sep 18)
Most Popular Articles
From the Career Center
Jobs that may interest you
Contract Administrator
Expertise: Contracts Administration
Location: Houston, TX
 
Senior Division Order Analyst
Expertise: Lease Analyst
Location: Houston, TX
 
Assistant Driller
Expertise: Driller, Floorhand
Location: GOM
 
search for more jobs