Kuwait-based Gulf Petroleum Investment (GPI) made an oil discovery on Seram Island, Indonesia. The well tested at a daily rate of 640 bbl. The company spudded an additional well to evaluate the size of the find, but no other information has been reported. Producing fields on Seram are within 2.5 miles (4 km) of the new site. GPI is currently petitioning the Indonesian government to begin production and export operations from the new field.
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