Kulczyk Oil Ventures Spuds Second Brunei Exploration Well

Kulczyk Oil Ventures (WARSAW:KOV) announced that Lempuyang-1, the second onshore exploration well to be drilled in 2010 on Block L in Brunei Darussalam, has commenced drilling.

The press release is quoted as saying:

The Lempuyang-1 well is designed to test the hydrocarbon potential of a structural feature defined by 3D seismic to a total depth of up to 3,300 metres. The well is being drilled using Nabors Drilling Rig 503 and is anticipated to take approximately 50 days to complete. The Lempuyang-1 exploratory well is the second of a minimum of four wells to be drilled in Brunei by Kulczyk Oil and its joint venture partners in 2010. The first well, Lukut-1 (KOV 40%), was drilled on Brunei Block L and suspended in mid-June pending testing by a service rig.

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