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Summary

Bawean PSC Drilling Results

The Titan BP 1 well was plugged and abandoned after reaching a total depth of 791 metres. It intersected 49 metres of gross gas charged sandstones of the Tawun Formation containing 75% carbon dioxide and 25% natural gas. The well is located 100 kilometres northeast of Kepodang Gas Field and 160 kilometres from Surabaya, East Java, Indonesia.

The Calypso BP 1 well was plugged and abandoned after reaching a total depth of 832 metres. Calypso BP 1 intersected 42 metres of gross gas charged sandstones of the Prupuh Formation containing 80% carbon dioxide and 20% natural gas. Calypso BP 1 is a wildcat exploration well located approximately 85 kilometres south southwest of the Titan BP 1 well.

Bawean PSC interests are as follows:

  • BP Bawean Ltd (operator) 55%
  • Santos Group 45%