Genting Oil & Gas Finds Gas at Anambas-1X Offshore Indonesia

Genting Oil & Gas Limited has successfully completed drilling the exploration well Anambas-1X in which both dry gas and gas condensate were discovered.

The well is located on the Anambas Prospect in the Anambas Block of West Natuna. The Anambas-1X well is situated in Indonesian waters, 160 kilometers north of Matak and 280 kilometers east of Kerteh, Malaysia. The Anambas Block is operated with a 100% interest by GOGL's wholly-owned subsidiary, Sanyen Oil & Gas Pte Ltd ("SOGPL") under a Production Sharing Contract with BPMIGAS. BPMIGAS is the Indonesian agency responsible for supervising upstream oil & gas activities.

The Anambas-1X well commenced drilling on July 9, 2006 and was tested at a gas flow of 15.6 mscfd (million cubic feet of gas per day) and at a condensate flow of 488 bcpd (barrels of condensate per day).

Further evaluation of the Anambas-1X results will be undertaken to determine the reserve size and development potential, and henceforth the commercial viability of this discovery.

Genting's Oil & Gas division will shortly begin the drilling of two more exploratory wells, 90km to the north of Anambas-1X, in the oil-prone Northwest Natuna Block in Indonesia.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit