Semisub Hakuryu En-Route to Indonesia

Salamander Energy announced that the Hakuryu-5 semi-submersible rig has departed Singapore and is under tow en-route to the Bontang PSC, East Kalimantan, Indonesia. It is expected to take approximately 12 days for the rig to arrive on location.

Once on location the rig will be used to drill the Angklung-1 exploration prospect. Angklung is forecast to contain mean prospective resources of 125 MMboe and the well will take approximately 39 days to drill on a dry hole basis.

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