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Pan Orient Touts Indonesian Akeh-1 Discovery

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Pan Orient Touts Indonesian Akeh-1 Discovery

Pan Orient Energy Corp. has announced results from its Akeh-1 well discovery.

Batu Gajah PSC, Onshore Sumatra Indonesia (POE 77% & Operator)

The Akeh-1 exploration well has completed the testing of four zones within the primary target Lower Talang Akar sandstone formation utilizing cased hole drill stem test (DST) procedures.

The average testing rates for DST 4 (5314-5324 ft) over a combined 12 hour and 37 minute flow period utilizing four different choke settings were:

6.8 MMscfg per day of natural gas (2% CO2) 269 barrels per day of API 60.1 degree condensate BS&W of 11.6% (emulsion comprised of 97% condensed water (chlorides 3545.3 mg/l), 2% Sediment, and 1% Condensate (API 60.1 degrees)).

A total of 3.7MMscf of natural gas, 142.2 barrels of condensate and 25 barrels of condensed…

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