Salamander Energy plc announces that the G4/50-4 exploration well, targeting the Rayong prospect in the Kra Central sub-basin, Block G4/40, Gulf of Thailand, has been drilled to a total vertical depth subsea of 1,889 metres.

The well encountered a 119 metre section of excellent quality P20 Miocene sandstones, the primary target on depth prognosis. However, following the completion of a logging and sampling programme, these sandstones were found to be water-wet.

In the deeper Permian carbonate target the well encountered a 34 metre section of Ratburi limestone which was not deemed to be of reservoir quality.

The well has been plugged and abandoned and the Atwood Mako rig is now mobilising to drill the Surin prospect in the Western Central sub-basin.

 

Enquiries:

Salamander Energy     
+ 44 (0)20 7432 2680
James Menzies, Chief Executive Officer     
Geoff Callow, Head of Corporate Affairs     
      
Brunswick Group     
+44 (0)20 7404 5959
Patrick Handley     
Elizabeth Adams          

 

About Salamander

Salamander Energy is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange (Ticker: SMDR) and is a constituent of the FTSE 250 index. The Group is focused on growth assets in and around three core areas: Greater Bualuang, Gulf of Thailand; North Kutei, Indonesia; and Greater Kerendan, Indonesia. In each of these areas the Group has a material, operated position and a detailed understanding of the petroleum systems of the basin.