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Sound Oil Commences Drilling Cataka-1 in the Citarum PSC

Source: www.gulfoilandgas.com 1/3/2012, Location: Asia

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Sound Oil, the upstream oil and gas company with assets in Italy and Indonesia, is pleased to announce that the Cataka-1 exploration well commenced drilling at 2300 Indonesian local time (1600 GMT) on 31 December 2011. It is currently drilling ahead in 17 1/2" section towards the Parigi Formation limestone reservoir objective and is scheduled to take 21 days to drill. The well will be drilled as a deviated hole to a total measured depth of 6,995 ft (2,132 m) to target P50 gross prospective resources of 470 Bscf.

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