Kakap Block
The Pancing-1X well was spudded on 28th June by the "Frontier Duchess" drill ship. The well is expected to reach a target depth of 13,050 feet by end-August and is targeting a 100 bcf gas prospect. If successful, the well is very close to available infrastructure which would allow a quick connect to the gas gathering system in the block. The well will test a new play type within the undrilled section underlying the productive fields in the south Kakap area. Additional nearby leads at the same level have been identified. Star Energy holds a 31.25% interest in the Kakap Block.