Gurame Drilling Proceeding According to Plan, MEO CEO Says (Indonesia)

Gurame Drilling Proceeding According to Plan, MEO CEO Says (Indonesia)

MEO Australia Limited advises the following update in relation to the Gurame SE-1X well being drilled offshore North Sumatra in the Seruway PSC using the Hercules #208 drilling rig.

Since the last report, the 8 ½” precautionary pilot hole previously drilled to 202mMDRT (metres Measured Depth below Rotary Table) was opened to 26”, ahead of running and cementing 20” surface casing. Thereafter, a 16” hole has been drilled to 830mMDRT and 13 3/8″ casing has been run and cemented to 827.5mMDRT.

At 6:00am Jakarta time on 1st October, installing BOP (Blow Out Preventors) and preparing to pressure test BOP prior to commencing running in the 12 ¼” BHA (Bottom Hole Assembly), drilling out the 13 3/8” shoe cement and performing a LOT (Leak Off Test) before starting to drill ahead in 12 ¼ “ hole.

MEO’s CEO and MD Jürgen Hendrich commented on the announcement:

“Drilling is proceeding safely, without incident and according to plan. We look forward to the continuation of a safe and efficient drilling campaign to put the next section of the well behind casing before entering the first of the two reservoir objectives.”

Press Release, October 1, 2012

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