Exploration & Production | Operational Updates | Capital Markets | Capital Expenditure
CBM Asia Details 2013 Work Program, Resource Upgrades
Print
|
CBM Asia Development Corp. has detailed its 2013 work program designed to see first commercial gas flows, upgrade resources and potentially generate revenues.
Following the exploration successes of 2012, our 2013 work program is production orientated incorporating two production pilot programs, one in the Barito basin and the other in Central Sumatra, as well as dewatering activities at the Sekayu PSC and the Kutai West PSC. The production pilots are planned in areas where CBM Asia holds operatorship, thus avoiding reliance on outside partners.
"2013 will be an impactful year for us," comments CBM Asia's President and CEO Alan Charuk. "With the number of core wells drilled and dewatering tests conducted by us and other CBM companies in Indonesia we believe there is enough geological…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations