Indonesian coalbed methane player to begin drilling next year
The stage is set for the drilling of coalbed methane (CBM) to begin in East Kalimantan. Coal mining firm, PT Resources Alam, has announced plans to begin drilling coal seams for natural gas in 2015.
Director of the Indonesian company, Wimpi Salim, said the firm will begin working on its East Kalimantan CBM block next year. Salim added that Resources Alam has invited Ephindo Kutai North Inc and Total EP Indonesia – a sub division of Total – to work on the unconventional gas project.
About US$ 6 million of investment is likely to be needed to complete drilling at the CBM block.
Written by Sam Dodson
Read the article online at: https://www.worldcoal.com/cbm/17112014/indonesian-firm-to-drill-for-cbm-in-2015-142/
You might also like
Coal exit and workforce shortages keep short-term Australian power prices high
Cornwall Insight has reported that the ongoing phase-out of coal facilities and the sluggish progress in launching new renewable energy projects is poised to push Australian electricity prices higher until 2030.