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Salamander Energy Announces Gurame Drilling Update

Source: www.gulfoilandgas.com 4/21/2008, Location: Asia

Salamander Energy announced that the Gurame-1X well has been drilled by the Ensco-1 barge mounted rig to a total depth of 3,010 metres. Gurame-1X is located in the Seruway PSC (Salamander working interest 22.5%), offshore North Sumatra.

Both the shallow Seurula and Keutapang (S/K) and the deeper Baong formations were targeted with the Gurame-1X well and have been evaluated with a sampling and wireline logging programme. The S/K sandstones were found to be water wet, while the presence of hydrocarbons was seen in two zones of the Baong formation at depths of approximately 2,810 metres and 2,850 metres. Analysis of the log data suggests that the formation displays low permeability characteristics and is tight at this location.

The well will be plugged and abandoned and the partners will review the forward programme, incorporating the data gathered from Gurame-1X.

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