Salamander Starts Drilling at Tayum-1 Well (Indonesia)

Salamander has kicked-off drilling operation at the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia. Salamander has a 23.4% non-operated interest in the Kutai PSC.

The Tayum well will be drilled by the Randolph Yost jack-up rig to a depth of approximately 2,563 metres total vertical depth sub-sea and is targeting multiple stacked deltaic sandstone reservoirs of Upper Miocene age adjacent to the Dambus discovery. The mean gross pre-drill estimate of prospective recoverable resource is c. 80 Bcf, with an upside (P10) case of 182 Bcf. The operator is carrying c. 73 Bcf (2C) of contingent resource, with an upside case of 115 Bcf (3C), on the block and success at Tayum could result in a commercial development.

 

 June 3, 2013

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