[ 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.