Salamander has been an operator in Thailand since 2008 when we acquired our first interest in the Bualuang oil field and opened our first office in Bangkok.
Our business in Thailand has grown considerably since to reflect the growth of our interests in Thailand. The main licences are summarised below:
|B8/38||(100%, Operator)||Production, Development, Exploration|
|EU1 & E5N||(9.5%**)||Production & Development|
|L15/43 & L27/43||(27.2%*)||Production, Development, Exploration|
*Moeco has a back in right for up to 50%
**Interest held through APICO in which Salamander is a 27% shareholder
The Bualuang field is the Group’s flagship production asset with the field having grown c. 14 MMbo in 2008 to nearer 60 MMbo today. We are now exploring for other oil fields in the Gulf of Thailand in Block G4/40 that surrounds the Bualuang licence. The Group’s other producing asset in Thailand is the Sinphuhorm gas field in northeast Thailand that has been a reliable producer since it started up in 2006.
Our main office in Bangkok has over 40 employees covering the full range of skills including geologists, geophysicists, reservoir engineers, drillers, health and safety, corporate affairs, financial and community relations.
We like to work in partnership with the local communities in which we operate in order that we can bring sustainable benefits to them as a by-product of our operating presence.