Press releases

Spud of Tayum-1 Exploration Well

03 June 2013

Salamander announces the spud of the Tayum-1 exploration well in the Kutai PSC, offshore East Kalimantan, Indonesia. Salamander has a 23.4% non-operated interest in the Kutai PSC.

The Tayum well will be drilled by the Randolph Yost jack-up rig to a depth of approximately 2,563 metres total vertical depth sub-sea and is targeting multiple stacked deltaic sandstone reservoirs of Upper Miocene age adjacent to the Dambus discovery. The mean gross pre-drill estimate of prospective recoverable resource is c. 80 Bcf, with an upside (P10) case of 182 Bcf. The operator is carrying c. 73 Bcf (2C) of contingent resource, with an upside case of 115 Bcf (3C), on the block and success at Tayum could result in a commercial development.

 

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.