PT Energi Solusi a subsidiary of Basic Energy Corporation (PSE: BSC) reported that as of October 1, 2014, the fifth well (BES-5) has reached its total depth of 405 meters and wire logging of the well is now being readied. On the other hand, its sixth (BES-6) well has completed wire logging and preparation are ongoing for production testing.
In a disclosure to the Philippine Stock Exchange Thursday, 2 October 2014, BSC said the third well (BES-3) drilling operations are ongoing and has reached a depth of 393 meters.
Source: http://www.fabian.ph/2014/10/basic-energy-corporations-pt-energi-solusi-prepares-for-production-testing-in-bes-6/
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