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Cooper Energy Measures Bunian Field Reserves Assessment

Source: www.gulfoilandgas.com 5/19/2015, Location: Asia

Cooper Energy Limited announces that it has made an assessment of the reserves in the Bunian field in the Tangai-Sukananti KSO in South Sumatra, Indonesia, following analysis of the results of the Bunian-3 ST2 well which was completed earlier this month and reported to the ASX on 27 April and 4 May 2015.

The net share of Proved and Probable (2P) reserves attributable to Cooper Energy at 18 May 2015 is 1.55 million barrels of oil (MMbbl). This represents an increase of 1.26 million barrels of oil compared to the previous assessment of 0.33 million barrels as at 30 June 2014 and taking account of production to 18 May 2015.

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Related Categories: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 

Related Articles: Formation Evaluation  General  Geological, Geophysical  Geophysical Contractors  Mud Logging  Reservoir Engineering & Recovery Methods  Seismic survey  Well Completion, Logging, Workover 


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