Ramba Energy

Ramba Energy: Company reported that they have commenced logging and analysis of the Akatara-1 exploration well, reaching a total depth of 6,400 feet for the drilling. The latest report from the Group was back on 4 Feb 2013, where the Group announced the commencement of the drilling for the Akatara-1 exploration well, and that the well has a total depth of 7,600 feet depth. The counter saw a 56% jump in share price on 31 Dec 2012, due to the discovery at the Lemang block (51% working interest), located in Sumatra, Indonesia.