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MonthlyExplorationReportAugust2020 (English)
MonthlyExplorationReportAugust2020 (English)
MonthlyExplorationReportAugust2020 (English)
Monthly Exploration
Report
August 2020
Monthly Exploration Report
Period: August 2020
PT Medco Energi Internasional Tbk.
Exploration
Name of the Exploration Exploration Party who
Exploration activities Test Methods and Results until
Company/ Cost (Gross) Cost (Net) Conducts the Next Plan
area Area Selections Reporting
Subsidiary (US$) (US$) Exploration
Period
Terubuk-5
Complete the Terubuk-
intersected
Kaci-2 appraisal well 5 well and the rig move
PT Medco E&P several oil and
PT Medco drilling completed to the next planned
US$7,251,670 US$2,900,668 Natuna West Natuna Area gas pays. Well
E&P Natuna Terubuk-5 appraisal well of West Belut-1
testing
well is ongoing (estimated to Spud on
ongoing for 3
W-3 of Sept 2020)
DST intervals.
Project
completion is
Salamander
Enggor-Lawin, around 11.7%
Energy Salamander
Full Tensor Gradiometry PM310, Penyu Infill, (6318.4km) of
(Malaysia) US$6,500,000 US$6,500,000 Energy (Malaysia) Continue the survey
(FTG) Survey LLKN, Batu Arang, total project
Limited - PM Limited
PM322 (54022.4 km),
322
and still 0% in
PM322
No exploration activities reported in our other blocks as of August 2020.