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Summary

Anggur 1 Update

ANGGUR 1 UPDATE

Santos Ltd, on behalf of Santos (Sampang) Pty Ltd, operator of the Sampang Production Sharing Contract (PSC) offshore East Java, provides the following update on the gas blow-out at the Anggur 1 exploration well.

The fire on the rig is out, although gas is still escaping from the well bore. Specialist well control personnel have been mobilised and are currently assessing the situation at the well site. Equipment required to kill the well and effect a plug and abandon operation is currently being mobilised locally and from Singapore. Santos expects the cost of damage from the blow-out to be covered largely by insurance. Following the plugging and abandonment of the well, an assessment will be made of the cause of the blow-out and the future drilling program in the Sampang PSC.

The Sampang PSC is located offshore in the Madura Straits, Indonesia, approximately 35 km east of Surabaya. The well is located in 14.8 m of water and was being drilled by the PT Hitek Nusantara Trident 9 jack-up drilling rig.

Interest holders in the PSC are:

  • Santos (Sampang) Pty. Ltd. 45% (Operator)
  • Coastal Indonesia Sampang Ltd 40%
  • Cue Sampang Pty Ltd 15%