Press releases

South Sebuku-2 Appraisal well spud

20 June 2011

Salamander Energy plc announces the spud of the South Sebuku-2 (“SS-2”) appraisal well, Bengara-1 PSC, East Kalimantan. The onshore South Sebuku gas discovery was made in 2009 and is thought to contain gross mean contingent resources of circa 80 Bcf. Salamander has a 41% interest in the Bengara-1 PSC.

SS-2 will target gas-bearing sandstones in the Tabul, Meliat and Naintupo formations and be drilled to approximately 1,370 metres total vertical depth sub-sea. It will be drilled using the HPS-1 land rig and is expected to take approximately 30 days to complete on a dry hole basis.

In the event of appraisal success, the Bengara-I partners will look to tie the South Sebuku discovery into the South Sembakung gas field, located within the neighbouring Simengarris PSC. The South Sembakung development is currently on-going with a view to coming on-stream in Q4 2012, in order to supply the Bunyu Island Methanol plant with 25 MMscfd.



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

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.