Second DST Test Successfully Completes Lengo Appraisal

AWE Limited reported that a second successful drill stem test was conducted at the Lengo-2 appraisal well that is situated in the Bulu Production Sharing Contract offshore East Java, Indonesia. The test achieved a maximum gas flow rate of 21.2 million standard cubic feet per day (MMcf/d).

AWE, a partner on the field, reported that two further cores were cut in the Kujung I reservoir from 2,485 to 2,571 feet, recovering an estimated 79 feet of carbonate Kujung I reservoir formation. Gas samples were collected and a final result of the compositional analysis from both DST tests is expected in coming weeks.

"The results from the two DSTs at Lengo-2, combined with the data we have previously acquired from the Lengo-1 well, will be used by the Joint Venture as the basis for evaluating the future commercial development potential of the Lengo field," said Bruce Clement, AWE's managing director in a statement. "The growing domestic energy market in East Java is an attractive destination for this gas resource, should it prove commercial."

The Randolph Yost (300' ILC) jackup is drilling the appraisal well to a total depth of about 2,717 feet. Upon completion of the logging program, the well will be plugged and abandoned as planned.

KrisEnergy Satria Limited operates the license with a 42.5 percent stake. Partners include AWE Limited (42.5%), PT Satria Energindo (10%) and PT. Satria Wijaya Kusuma (5%).


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