KrisEnergy Ltd says that at 1000 GMT on 19 April 2003, the Randolph Yost jack-up rig commenced drilling of the Lengo-2 appraisal well in the Bulu production sharing contract ('PSC') in the East Java Sea, Indonesia.

The Lengo-2 appraisal well is intended to delineate the Lengo gas discovery drilled in 2008. Lengo-2 is approximately 3.3 km south of the Lengo-1 discovery well and is expected to reach a total measured depth of 2,726 feet (831 metres) in approximately 22 days.

'Since KrisEnergy was established in 2009 we have been strategically building our portfolio of operated and non-operated assets along the entire exploration-to-production life cycle. Lengo-2 is the first well to drill under our operatorship and we have put great importance on the planning and execution of this well under a robust health, safety and environmental management system that of course follows international standards,' said Chris Gibson-Robinson, KrisEnergy's Director of Exploration & Production.

Tags: KrisEnergy Holding Company Ltd