Canada’s Criterium Energy has acquired a 42.5% interest in the Bulu production sharing contract (PSC) holding the Lengo gas field offshore Indonesia for $1.6 million. Significantly, the company is seeking more complimentary assets in Southeast Asia.
AWE Limited has commenced flow testing of the second zone in the Waitsia-1 well in Western Australia.
The company said it will help further appraise the conventional Waitsia gas discovery in the onshore Perth Basin.
The testing program is designed to determine well deliverability from two conventional reservoir zones and to collect gas samples for compositional analysis.
