KrisEnergy (SGX::SV3) has had another good result from the sidetrack well to Rossukon-3 in the Gulf of Thailand, the last of four wells in 2015 drilling in the region.
Drilled from the same surface location as Rossukon-3, the sidetrack intersected approximately 85 feet of net oil-bearing sandstones and 63 feet of net gas-bearing sandstones over several reservoir intervals, net pay of 148 feet in total.
Chris Gibson-Robinson, Director Exploration & Production, commented: “This final sidetrack completes our exploration drilling program in G6/48 for this year.
All four wells have encountered oil and gas and have provided a great amount of information, which will be incorporated in our geological model and reviewed in the coming months as we assess a development plan.”
G6/48 covers 566 sq km over the Karawake Basin and lies to the north of the G10/48 licence, where KrisEnergy is developing the Wassana oil field.
KrisEnergy took over operatorship of G6/48 in May last year and holds a 30% working interest in the concession.
It is partnered by Northern Gulf Petroleum Pte with 40% and Mubadala Petroleum with 30%.