PT Basic Energi Solusi, the foreign company in Indonesia of Grandway Group Limited, a joint venture company of Basic Energy Corporation (PSE: BSC) and Petrosolve Sdn Bdn of Malaysia, has informed Basic Energy Corporation that on September 22, 2014, it has completed the wire line logging and analysis of its fourth well (BES-4).
It has also informed Basic Energy Corporation of the ongoing drilling operations on the third well (BES-3) which has reached a depth of 393 meters and the fifth well (BES-5) which has reached depth of 398 meters. Its sixth (BES-6) well has reached target depth of 450 meters and has started wire line logging.
Source: http://www.fabian.ph/2014/09/pt-basic-energi-soluis-completes-wire-line-logging-and-analysis-of-bes-4/
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