News

December 17, 2008

Sound Oil Has a Disappoinment With Its Pasundan-1 Well Onshore Java, Indonesia

It has taken a year and in the end Sound Oil’s Pasundan -1 well on the 4,400 sq km Citarum Production Sharing Contract ( PSC) onshore Java, Indonesia, has turned out to be a disappointment, if not a complete one.

In November we reported that the Aim listed group looked like having a more active 2009 than it did 2008 and this still seems likely to be the case, but the company will be moving on from PAsadun-1 which has been plugged and abandoned.

What has happened is this: The Pasundan-1 well, which is located  approximately 50 km southeast of Jakarta took 122 days to drill to a depth of 10,412 feet but was suspended pending testing in March 2008 because partners BPREC and BPE ran...