Citarum PSC Drilling Program Delayed
Sound has been advised by the operator of Citarum PSC that the drilling program of three exploration commitment wells originally planned to start in March 2011 will now not commence until the third quarter of 2011. In spite of this delay Sound is confident that the wells will be drilled within the extended first exploration period of the PSC.
Commenting on this situation Gerry Orbell, Chairman and CEO said, "Although there will be a short delay we are very much looking forward to these Citarum wells. They will explore significant prospective resources in a new play in a well- established area of oil and gas production."
- Sound Gets Closer to Securing Rig for Badile Drill (Feb 29)
- Sound Energy All Set to Drill First Moroccan Well (Feb 15)
- Sound Energy Confirms Clean-Up Operations at Nervesa (Feb 09)