Salamander Energy. Pure Asian Energy.

The Bengara-1 PSC is located onshore in the Tarakan Basin, East Kalimantan. Oil and gas production is well established in the Tarakan basin, with between 400 - 500 million barrels of oil equivalent being found in the shelf area.

Recent significant oil discoveries have been made in the deepwater foldbelt outboard of the Bangkadulis half-graben, east of the Bengara block location. Other nearby oil and gas production includes the Tarakan and Bunyu Island fields.

The Bengara I partners drilled and completed the South Sebuku-1 exploration well in August 2009, which has been suspended as a potential future producer.

The SS-1 well encountered multiple gas bearing sandstones in the Tabul and Meliat formations. Drill stem tests (“DST’s”) were conducted across two of the gas-bearing zones, which flowed at an aggregate rate of 10.9 MMscfd.

South Sebuku-2 appraisal well will be drilled in H2 2010.

The discovery is located approximately 15 km from the South Sembakung gas-condensate field in the neighbouring Simenggaris PSC, in which Salamander has a 21.6% interest. The partners are evaluating the potential for tying in South Sebuku to the South Sembakung gas-condensate field, which received formal development approval last year.

Operator: PT Medco (35%)
Salamander: 41.7%
Partners: PTT (40%)
Expiry: 27 February 2029