Tuesday, July 08, 2008

SPC spuds first [oil] well on Cambodia Block B

7/8/2008
Filed from Aberdeen
Energy Current


CAMBODIA: Singapore Petroleum Co. Ltd. and its partners in Block B off Cambodia today spud the block's first exploration well, Vimean Morodok MahaNorkor-1.

The Block B exploration prospect lies east of the Khmer sub-basin in a water depth of about 75 metres (246 ft). The prospect lies about 80 kilometres (50 miles) east of the Thai-Cambodian Overlapping Claims Area in the Gulf of Thailand.

The exploration well will be drilled to test the hydrocarbon potential in the Oligocene fluvio-lacustrine sediment as the primary target and the Miocene fluvial-deltaic sediment reservoirs as the secondary objective. The well is anticipated to reach a true vertical depth of 2,917 meters (9,570 ft). Drilling is expected to take approximately 15 days to complete.

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