Sumatra signs

摘要

A 50:50 joint venture of Chevron Pacific Indonesia,operator,and Pacific Oil & Gas has made an oil discovery in the onshore Kisaran block,northwest Sumatra.The Parit Minyak-1 well,drilled to a depth of 9734ft,encountered oil at about 6000ft and 9000ft,testing oil at up to 89b/d.Meanwhile in south Sumatra,Lundin Petroleum has signed an agreement to acquire Serica Energy's 10% interest in the Lematang block for 5 million,subject to government and partner approval.