Arrow starts drilling in India

The Directors of Arrow Energy are pleased to announce that Arrow has commenced drilling its first overseas well – at the Tatapani-Ramkola block in India.

Well ATR-1 is situated approximately 90 km to the south of the city of Ambikapur in the northern part of the State of Chhattisgarh.

The well was “spudded” in the morning of Monday 5th May following a ceremony attended by senior representatives of the joint venture partners, local officials and land-owners. The well is being drilled by Australian drilling company South West Pinnacle Drilling. It will be drilled to a total depth of 900 metres with coals expected between 500-900m.

This is the first of thirteen wells to be drilled on this block.

The Joint Venture partnership for these two blocks consists of Arrow (35% and operator), Gail (India) Ltd (35%), The Tata Power Company Ltd (15%) and EIG Energy Infrastructure Group AB (15%).

The TR block has an area of approximately 460 sq km each and a gas resource (estimated by the Director General of Hydrocarbons India) of 1,900 Billion cubic feet (BCF).

Source : http://www.arrowenergy.com.au/