Core Viewpoint - Hua You Energy (01251) has successfully completed the testing of oil and gas at the Akeh-X well in the Jababeka block, Indonesia, indicating significant resource potential and a solid foundation for future exploration and development [1] Group 1: Testing Results - The standard test results show natural gas flow rates of 3.965 million standard cubic feet per day with a condensate production of 19.2 barrels per day at a 24/64 inch choke [1] - At a 32/64 inch choke, the gas flow rate increased to 6.255 million standard cubic feet per day with condensate production of 244 barrels per day [1] - The highest recorded gas flow rate was 12.305 million standard cubic feet per day with condensate production of 267 barrels per day at a 48/64 inch choke, with wellhead pressure ranging from 1,630 to 1,337 psi [1] Group 2: Geological Insights - The well has developed a high-yield pure gas layer at a depth of 5,230 feet, with favorable reservoir properties, including high porosity and permeability [1] - Active oil and gas shows and stable production capacity confirm the block's potential for forming a large-scale oil and gas reservoir [1] - The successful exploration test enhances the company's geological understanding and resource potential in the block, supporting the increase of recoverable reserves [1] Group 3: Strategic Implications - The board believes that the successful testing lays a solid foundation for subsequent exploration and development [1] - This achievement is expected to have a positive impact on the company's oil and gas business expansion in the Indonesian region [1]
华油能源：CNG已顺利完成印度尼西亚贾邦登加区块内Akeh-X井的试油试气工作