BPMigas Approves Work Program for Bengkulu PSC
Ecosse Energy announced its subsidiary, Endeavour Energy (Bengkulu) Pty Ltd, has received approval from BPMIGAS (the Indonesian Government Oil & Gas Regulatory Department) for its 2010 exploration and drilling work program for its Bengkulu PSC in South Sumatra Indonesia.
"The approval of our 2010 work program and budget (WP&B) by BPMIGAS allows us to move forward to tender the drilling for our onshore wells. Suitable drilling rigs have already been identified and are available at times to fit with our onshore drilling program targetted to begin in Q4 of 2010," said Alan Morrison, President and CEO of Ecosse Energy Corp. "This approval allows us to advance our 2010 strategy of proving our reserves on our existing blocks and expanding our oil and gas portfolio of acreages in Indonesia."
The Company also announced that it will now proceed to tender for the drilling and ancillary services for its 5-well on-shore drilling program in Bengkulu and is now actively looking at further acquisitions in Indonesia.
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