SYDNEY (Yosefardi) – Energy World Corporation Ltd said its wholly owned subsidiary Energy Equity Epic (Sengkang) Pty Ltd (EEES) had in Sept 18, 2013 recommenced drilling at Wasambo within Sengkang PSC consisting of the Walanga, Sampi Sampi, and Bonge gas fields.

The Walanga 2 Twinning Well was spudded in Sept 18, 2013. The program involves drilling four gas production wells; Sampi Sampi 1 Twinning, Walanga 1 Twinning, Walanga 2 Twinning and Walanga 3 Twinning, expected to take three months and complete around mid-December 2012. Each of the wells will target the Tacipi formation at a total depth of 2,600 feet.

The gas from these wells will provide initial feedstock gas for the company’s Sengkang Modular LNG Project.

In addition to the Wasambo Drilling Program, the company is currently awaiting the results of a seismic program completed earlier this year in other locations within the Sengkang PSC that will identify the next drilling prospects and is expected to further define additional gas reserves.

The 2D seismic program was completed in April 2013 by PT Kharisma Geophysical Bumiputra ( a seismic contractor) assisted by PT Bimayudha Utama Putera (the subcontractors for labor supply and seismic drilling equipment).