REG-Salamander EnergyPLC Spudding of Si That-3 Appraisal Well
Released: 15/09/2009
com:20090915:RnsO0307Z
.
RNS Number : 0307Z
Salamander Energy PLC
15 September 2009
15 September 2009
Salamander Energy plc
("Salamander" or the "Group")
Spudding of Si That-3 Appraisal Well
Salamander Energy plc, the Asia focussed independent oil and gas exploration and
production company, announces the spudding of the Si That-3 appraisal well in
Block L13/48, Khorat Basin, Northeast Thailand. Salamander holds a 16.3%
interest in Block L13/48.
The Si That discovery is a gas accumulation approximately 30 km east of the
producing Sinphuhorm field. The Si That-3 well will appraise the Permian
carbonates of the Pha Nok Khao formation. The mean gross pre-drill estimate of
prospective recoverable gas resources is approximately 1.4 Tcf.
The appraisal well will be drilled by the MB Century 26 rig and is planned to a
total depth of 2,800 metres sub-sea, and is forecast to take approximately 50
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
Pelham PR 020 7337 1500
Mark Antelme
Evgeniy Chuikov
Henry Lerwill
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, Lao PDR and the Philippines.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCBUGDCUDBGGCS