Ramba Successfully Drills Kusuma-1 Prospect in West Jambi Block in Sumatra

Singapore-listed junior exploration and production company Ramba Energy Ltd. disclosed Friday that its subsidiary Ramba Energy West Jambi Ltd. has successfully drilled the Kusuma-1 exploration well in the West Jambi block in Jambi province, Sumatra, Indonesia.

"After consultation with (Indonesia's national oil company PT Pertamina's upstream unit Pertamina EP), it was concluded that the Kusuma-1 well shall be categorized as a suspended gas well, pending further studies. A full study is expected to be carried out in the future," Ramba said in the press release.

Meanwhile, the company will begin preparations to drill the Kusuma-2 exploration well, which is located approximately 4.3 miles (7 kilometers) from the Kusuma-1 well.

Ramba Energy West Jambi holds a 100 percent working interest in the West Jambi Block.



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