Salamander Energy plc provides the following update on its current drilling operations in Thailand and Indonesia.
Dao Ruang-3 well, Block L15/50
The Dao Ruang-3 appraisal well has spudded and will be drilled to a planned depth of 1,900 m TVDSS using the MB Century-26 rig. The well is forecast to take 45 days to drill on a dry hole basis. Salamander has a 50% interest in, and is operator of, Block L15/50.
The Ocean Sovereign rig is back on location at the Bualuang Alpha wellhead platform and has resumed drilling operations. Salamander has a 100% interest in, and operatorship of, Block B8/38.
South Sebuku-2 appraisal well, Bengara-1 PSC
The HPS-1 land rig that will be used to drill the South Sebuku-2 well (“SS-2”) has commenced mobilisation to the well site. The SS-2 well is expected to spud in mid-May. SS-2 is appraising the South Sebuku gas discovery made in 2009 that is thought to contain gross mean contingent resources of 80 Bcf. Salamander has a 41% interest in the Bengara-1 PSC.
|Salamander Energy||020 7960 1580|
|James Menzies, Chief Executive Officer|
|Geoff Callow, Head of Corporate Affairs|
|Brunswick Group LLP||020 7404 5959|
Salamander is an Asia focussed, independent, FTSE 250, upstream oil and gas exploration and production company. Salamander has a balanced portfolio of production, development and exploration assets with interests located in Indonesia, Thailand, Vietnam and Lao PDR.