CALGARY (Yosefardi) – Pan Orient Energy Corp. reported the Cataka-1A well is targeting the Parigi formation at a depth of approximately 2,300 meters.
The Cataka-1A exploration well is currently drilling out cement at the last pre re-entry casing shoe at 550 meters.
The drilling rig has been on location since late May, but was not accepted until early June due to a number of equipment modifications that were required prior to the commencement of drilling operations.
Approximately the last seven days have been spent cementing off a washout zone just below the casing shoe from which drilling operations recommenced. It is expected that the well will be drilling ahead immediately after the cement retainer is drilled out within the next day.
Pan Orient is a Calgary, Alberta based oil and gas exploration and production company with operations located onshore Thailand, Indonesia and in Western Canada.