Coro Energy PLC (LON:CORO) said drilling of a well offshore Indonesia is underway.
Tambak-2 is what’s called a step-out, which is designed to assess the lateral extent of the gas below the seabed.
In this case – and at 13 kilometres from nearest well – it is a large step out.
Tambak will be drilled to a total depth of almost 600 metres; however, the reservoir at the Mako South-1 well was intercepted at 380 metres.
It is expected to take 33 days to drill, core, log and test the new appraisal well.
Coro has 15% of the Duyung Production Sharing Contract in the West Natuna basin, offshore Indonesia