The Company has recently appointed a project manager Mr. Rusdiyo Harjodarsono based in Indonesia to manage the exploration program. The Joint Study prioritised 3 high priority leads located within the Jaya sub‐Basin . A review of the existing data has confirmed the Company’s intention to commence drilling prior to June 30, 2012. Quest has commenced discussions with drilling contractors and expectsto negotiate and sign a 650HP or 750HP onshore drilling rig to be deployed in the Ranua area by June 2012. It is expected that Quest will contract for a 3 well programme aimed at testing the Komering Lead plusthe Sawat and Tabat leads.
The Company has recently appointed a project manager Mr. Rusdiyo...
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