Salamander appraises Simenggaris discovery

Offshore staff

LONDON -- Salamander Energy has announced the appraisal results for the South Sembakung gas-condensate discovery in the Simenggaris block, East Kalimantan, Indonesia.

The South Sembakung-2 (SS-2) and South Sembakung-3 (SS-3) appraisal wells were both drilled by theApexindo-2 rig. Both wells encountered multiple gas-bearing sandstones and successfully flowed gas during testing. They have been suspended as potential future producers.

The SS-2 well was drilled to 2,588 m (8,490 ft) TD and was tested at a maximum flow rate of 8.7 MMcf/d from the middle miocene tabul formation at a depth of 712 m (2,335 ft). A second drill stem test was conducted in the middle miocene meliat formation, which flow-tested at a rate of 4.9 MMcf/d at a depth of 2,077 m (6,814 ft).

The SS-3 well was drilled to 2,591 m (8,501 ft) TD and encountered gas-bearing sandstones at depths between 2,000 m (6,561 ft) and 2,320 m (7,611 ft). A DST conducted in the middle miocene meliat formation flowed at a rate of 0.5 MMcf/d.

According to the company, these well results, along with those from the original discovery well, South Sembakung-1, which tested at a rate of 12.7 MMcf/d and 115 b/d of condensate, point to a commercially viable development.

12/06/2007