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Blue Sky acquires additional interest in Langsa field offshore Indonesia

Offshore staff

HOUSTON – Blue Sky Langsa Ltd. has acquired the (OTCQX: BDCO) working interest in Langsa field offshore Indonesia held by Blue Dolphin Energy Co.

The field is in the North Sumatra basin is about 100 km east of the Arun field in 300 ft. of water. Blue Sky is the lease operator.

Blue Sky says studies indicate proved reserves are 4.7 MMbbl and the company plans to drill an additional well (H5), extend a horizontal leg for L1/L2/L4, and return to put well H3 on production.

If approved by Pertamina, production will go to the existing FPSO in North Sumatra waters.

3/11/2013

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