FIELD ACTIVITIES - TOP 20 LISTED / Carmanah Resources Updates
Indonesian Drilling
CARMANAH RESOURCES LTD.
TSE SYMBOL: CKM
APRIL 20, 1998
Carmanah Updates Indonesian Drilling Program
CALGARY, ALBERTA--Carmanah Resources Ltd. ("CKM" -TSE) announced
today that at 14:30 hours Jakarta time, the Pride Pennsylvania
jackup rig under long-term contract to Carmanah became fully
operational, the drilling assembly was picked up and preparations
are underway to drill out the 9 5/8 inch hole at CN-3 in the Camar
Field offshore Indonesia. Commencement of operations had been
delayed by difficulties encountered by the drilling contractor in
positioning the rig at WPP, the northern platform at Camar. The
CN-3 well had previously been suspended in 1997 at an intermediate
casing point. Approximately nineteen days are scheduled for
drilling, completing and the tie-back of CN-3, after which time
the rig is scheduled to move to Camar-6 to tie-back this well,
also drilled last year. The monopod to be installed at the
Camar-6 surface location is presently under tow to the Camar
Field. Upon tie-back of Camar-6, two additional Camar development
wells, MPA-1 and Camar-8, are scheduled and further drilling may
occur as results are obtained.
With respect to Northeast Natuna, Carmanah advises that at 13:00
hours on April 19th, 1998 the Sedco 600 semisubmersible rig was
under tow from West Natuna towards the Carmanah operated PSC. The
tow covers a distance of some 750 kilometers and the rig is
expected to arrive on location by April 25th, 1998 with a view to
spudding the Durian Besar exploratory well on a large
seismically-defined reefal feature on Sunday, April 26th, 1998.
The well will be drilled under confidential status with results
expected during May, 1998. |
