ACL International Limited: Update on Amanah Timur-1 Well

Calgary - ACL International Ltd. (ACL:TSX-V) (“ACL or the Company”) announces that the Amanah Timur-1 well at South Block A (“SBA”) has been plugged and abandoned at a depth of 347 meters. The planned total depth of 570 meters could not be reached due to stuck drill pipe. The driller was unable to free the stuck drill pipe and as a result the Company was not able to assess the two deeper objectives. ACL’s subsidiary Renco Elang Energy (REE), the operator, is working on future plans to appraise this discovery.

The Amanah Timur-1 well encountered up to four gas zones and some potential oil zones. During well control operations gas was flared and the Company believes it to be from the well developed “700” sandstone intersected from 336 to total depth at 347m KB. The decision to plug the well was due to the inability to free the stuck drill pipe and to ensure the various hydrocarbon zones were isolated.

This well is a potential new field discovery and REE will work with the Indonesian Regulator to explore commercialization options and accelerate appraisal. Future wells would be intended to test the deeper “800” and “900” sandstones as well.

This completes the remaining drilling commitment for South Block A. ACL is pleased with the results despite the fact that total depth could not be reached. This will now provide a longer term viability for South Block A around this discovery and other prospects that have been identified.


About ACL International Ltd.

ACL’s other Indonesian oil and gas assets include (a) 50% of Langsa TAC, an offshore field with gross production of 884 bopd; and (b) 44.25% in South Block A PSC (“SBA”), an onshore block located in the North Sumatra Basin, which is one of the most productive hydrocarbon regions in Indonesia with over 80 known oil and gas fields. ACL’s subsidiary Renco Elang Energy Pte. Ltd. (“REE”) is the operator of SBA.



FOR FURTHER INFORMATION, PLEASE CONTACT:

ACL International Ltd.
Mohammad (Mo) Fazil, President and CEO
Telephone: +1 (403) 613-7310



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