May 15, 2013 - A second drill stem test (DST) was carried out on the Lengo-2 appraisal well in the Bulu PSC offshore Indonesia. AWE reported achieving a maximum flow rate of 21.2 MMscfd. Flow rates and gas samples correspond with the first DST that was performed on the well and are inline with pre-drill expectations. Data from Lengo-1 and Lengo-2 will be combined to form a more accurate assessment of the possible development potential of the Lengo field. The Bulu PSC joint venture partners include KrisEnergy (42.5%) as operator, AWE Limited (42.5%), PT Satira Energindo (10%) and PT Wijaya Kusuma (5%).

May 6, 2013 - ROC Oil advised that drilling of the Bentara-3 well in the Balai Cluster RSC has commenced. The well is the fifth and final well in the Balia Cluster pre-development/appraisal drilling program. Once the well is complete the joint venture partners will review the data and determine the economic viability of the fields. If the decision is made to move forward, a formal field development plan will be submitted.

Apr 26, 2013 - Total depth has been reached at the West Acis-2 appraisal well in the Balai Cluster RSC off Malaysia. The well was drilled by the Ensco 53 (300' ILC) to a depth of 7,568 feet and encountered roughly 65 net feet of pay across three sandstone intervals. Success with West Acis-2 confirms the western extent of hydrocarbons in the West Acis field. The rig will now mobilize within the Balai Cluster to the Bentara field to drill Bentara-3.

Apr 23, 2013 - KrisEnergy Ltd., operator of the Bulu Production Sharing Contract (PSC), announced the commencement of drilling operations at the Lengo-2 appraisal well off Indonesia. The new well is being drilled by Shelf Drilling's Randolph Yost (300' ILC) in an effort to delineate the 2008 Lengo-1 gas discovery. Roughly 3-weeks have been allotted to drill the well to a depth of 2,726 feet. Upon completion of Lengo-2 the rig will mobilize to the Kutai PSC where it will drill the Tayum-1 exploration well.