Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that the Hakuryu 5 semi-submersible rig has departed Singapore and is under tow en-route to the Bontang PSC, East Kalimantan, Indonesia. It is expected to take approximately 12 days for the rig to arrive on location.

Once on location the rig will be used to drill the Angklung-1 exploration prospect. Angklung is forecast to contain mean prospective resources of 125 MMboe and the well will take approximately 39 days to drill on a dry hole basis.

Enquiries:

Salamander Energy	020 7960 1580
James Menzies, Chief Executive Officer
Geoff Callow, Head of Corporate Affairs
Brunswick Group LLP	020 7404 5959
Patrick Handley
Fiona Micallef-Eynaud

 

About Salamander Energy
Salamander Energy is a full-cycle, independent upstream oil & gas exploration and production company. The Company is Asia focussed and a member of the FTSE 250 index. Salamander has a balanced portfolio of production, development and exploration assets with interests located in Indonesia, Thailand, Vietnam, Lao PDR and the Philippines.