Salamander Spuds Bedug-1 Well (Indonesia)

Salamander announces the spud of the Bedug-1 exploration well in the Bontang PSC. Salamander has a 100% operated interest in the Bontang PSC offshore Indonesia.

The Bedug-1 well will be drilled to a depth of approximately 2,050 m total vertical depth sub-sea (‘TVDSS’) and is targeting gas and oil pay in both Upper Miocene and Lower Pliocene channel sands on the crest of the Bedug structure. The well is located to the East of the Angklung-1 gas discovery and 4 km East and 500m up-dip of the recent South Kecapi-1 ST oil and gas discovery.

Bedug-1 will be drilled by the Ocean General semi-submersible rig in a water depth of 460 metres.

Press Release, April 16, 2013

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