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Exploration - 15 December 2011

CBM exploration well in East Kalimantan, Indonesia, is spud

The first CBM exploration core well in the Kutai West Coalbed Methane Production Sharing Contract (Kutai West CBM PSC) was spud on 12 December 2011. The well is the first step in delineating the CBM resource and commercial potential of the Kutai West CBM PSC. A neighbouring CBM PSC is already in commercial production.