Cue Energy Resources Ltd (Cue) advises that at 06:00 local time on 3 January 2014, the Naga Utara-2 ST well is at a depth of 6,060 ft MDKB (1,847m). Operations are in progress to plug and abandon the well.
Since the last report, the well was drilled to a total depth of 6,060 ft MDKB in 8½’ hole. A suite of wireline logs was obtained which allowed for evaluation of the well; however the condition of the hole precluded further logging, including obtaining pressure data and fluid sampling by wireline tools. Although the well encountered indications of hydrocarbons, they were judged to be insufficient to warrant drill-stem testing.