Indo Sichuan Wins Second Bengara-II Drilling Contract

Bengara II Block
(Click to Enlarge)
Continental Energy Corporation states that its 18% owned Indonesian subsidiary Continental-GeoPetro (Bengara-II) Ltd. ("CGB2") has awarded a second, turn-key, integrated drilling services contract to drill wells planned for 2007 on the 3,650 square kilometer (900,000 acre) Bengara-II Production Sharing Contract, onshore East Kalimantan, Indonesia.

Indonesian drilling contractor PT Indo Sichuan Petroleum was awarded the contract and will deploy a land-drilling rig capable of drilling to a depth of 3,000 meters (9,800 feet). Mobilization of the rig and equipment from Sumatra to the Bengara-II Block is underway, with arrival expected in July.

James D. Eger, Continental's CFO, said, "addition of the second rig will enable us to accelerate our exploration drilling program in Bengara-II and will also facilitate rapid appraisal of any discoveries we make. P.T. Indo Sichuan is doing a fine job for us on the Seberaba-1 well and it made sense to have them supply the second rig as well."


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Floorhand - Job Fair May 31st
Expertise: Floorhand / Roughneck
Location: New Iberia, LA
GOM Floorhand
Expertise: Floorhand / Roughneck
Location: New Iberia, LA
Field Engineer II - Directional Drilling
Expertise: Directional Driller
Location: Oklahoma City, OK
search for more jobs

Brent Crude Oil : $54.15/BBL 0.51%
Light Crude Oil : $51.47/BBL 1.45%
Natural Gas : $3.22/MMBtu 3.30%
Updated in last 24 hours