Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces the spud of the Marindan-1 exploration well in the Kutai PSC, East Kalimantan, Indonesia. Salamander holds a 23.4% interest in the Kutai PSC.

The Marindan-1 well will be drilled to a depth of approximately 3,265 metres true vertical depth sub-sea and is targeting gas in multiple stacked sequences comprising both sandstone and carbonate reservoirs of late Miocene to early Pliocene age.

The well will be drilled by the Trident-1X jack up rig in a water depth of approximately 55 metres. It is expected to take approximately 30 days to complete on a dry hole basis.

Enquiries:

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

 

About Salamander

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.