The well is located 6 km north of the Matoa field which is the company's main producing field and currently accounts for more than 70% of the block’s oil production.
RH Petrogas has commenced initial drilling - known as spudding in - of an exploration well in Indonesia, hoping to turn it into a producing well if it makes commercial sense.
In its Jan 20 announcement, the company says its 82.65%-owned subsidiary Petrogas (Island) has started drilling the Piarawi-1 exploration well in the Salawati Production Sharing Contract (PSC) in Indonesia's Southwest Papua.
