CGB2 believes MM-2 offers a low-risk, fast track, path to a Plan-of-Development ("POD") for the Bengara II Block. Reliable and substantive test results and reservoir information were derived from the MM-1 discovery well. The results of the MM-1 well, the newly acquired 3D seismic data, and a successful confirmation test of gas and condensate at the planned MM-2 well, should provide sufficient confidence in reserves determination to justify a POD approval from the Indonesian government.About GeoPetro
GeoPetro Resources Company Updates Bengara-II Plans
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