Indago Petroleum Spuds West Buha-2 Appraisal Well Offshore Oman

Indago Petroleum's subsidiary, Indago Oman Limited, as operator of Block 8, along with our partners, Eagle Energy (Oman) Limited (10%) and LG International (50%), began drilling the West Bukha-2 appraisal/development well this week. This well is targeting Cretaceous age carbonate reservoirs at a depth of approximately 4100m (13450 ft).

The West Bukha field is the portion of the West Bukha-Hengam gas-condensate field which lies approximately 25 km offshore the Sultanate of Oman. Between 1975 and 1986 there were 3 wells (Hengam-1, Khasab-1 and West Bukha-1) drilled on the structure, two of which produced gas and condensate and a third downdip which produced water. Since those wells were drilled Indago has processed and interpreted a 3D seismic survey which has enabled the establishment of a more accurate geological model to locate the best reservoirs in terms of thickness and quality.

The West Bukha-2 well is expected to be completed and flow tested in September.

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