Tuesday, October 23, 2007

Oilex drilling at Indonesian West Kampar indicates potential oil zones

[ AFX News Limited ]

10.23.07, 4:10 AM ET

LONDON (Thomson Financial) - Oilex Ltd said drilling at Indonesia's West Kampar Pendalian-3 well has indicated potential oil zones at depths similar to the nearby Pendalian-1 well.

The company said once the logging program is complete, the well will be cased and a comprehensive 14 day multi-zone testing program will be undertaken.

Oilex has a 45 pct participating interest in the West Kampar production sharing contract, while Sumatera Persada Energy holds the remaining 55 pct stake.


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