Serica to spud Batara Ismaya No. 1

Offshore staff

LONDON -- The drilling rig 136 is on the Biliton block in the Java Sea, Indonesia, preparing to drill the Batara Ismaya No. 1 exploration well.

Immediately following this well, the rig will drill the next Biliton exploration well on the Batara Indra North prospect. Serica operates the Biliton PSC with a 45% interest.

12/10/2007