Niko Resources reports that the Hercules 208 jack-up rig has moved to the Ratnadewi-1 well site from the Candralila-1 well in the Lhokseumawe Block in Indonesia. “Candralila-1 was plugged and abandoned with- out reaching target depth due to mechanical prob- lems. The well had oil and gas shows while drilling and partial logs recovered had indications of potential prospectivity. Information from the Ratnadewi-1 well will assist in determining prospectivity for Candralila-1,” said Niko.
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