Santos plans Indonesia well

摘要

Australia's Santos will appraise the Paus Biru prospect in the Sampang Production Sharing Contract (PSC) offshore Indonesia with a new exploration well in Q4 2018. Santos is the operator of the Sampang PSC with a 45% stake, while Singapore Petroleum Company holds 40% and Cue Energy has 10%. The Sampang PSC joint venture has approved the drilling of the Paus Biru-1 exploration well, said Cue.