Niko plans seismic work offshore Indonesia

Niko Resources has acquired interests in several deepwater blocks offshore Indonesia.

Offshore staff

JAKARTA, Indonesia -- Niko Resources has acquired interests in several deepwater blocks offshore Indonesia. According to the company, each block has sea-bottom oil/gas seeps, and large structural features. Several also have direct indications of hydrocarbons.

Niko's planned seismic program for each block includes:
• 3,000 km (1,864 mi) of 2D seismic data for Bone bay
• 1,200 sq km of 3D seismic data for Cendrawasih
• 1,062 km (660 mi) of 2D and 3,150 sq km (1,216 sq mi) of 3D for Kofiau
• 3,000 km (1,864 mi) of 2D for Kumawa
• 3,500 km (2,174 mi) of 2D for Seram
• 4,400 km (2,734 mi) of 2D for South Matindok
• 284 km (177 mi) of 2D and 2,700 sq km (1,042 sq mi) of 3D for Southeast Ganal
• 371 km (231 mi) of 2D and 702 sq km (271 sq mi) of 3D for West Sageri.

The company has a single-well commitment for each block.

08/17/2009

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