The Group completed one appraisal well during the period, the Dao Ruang-2 well in block L15/50,
Northeast Thailand, while progressing its analysis of a follow up location on the Dao Ruang structure
ahead of drilling during the current year. The well intersected a number of the targeted fracture zones
with associated gas shows. Gas was seen all the way to TD, without any water, demonstrating a
significant gas column in the Dao Ruang structure. An openhole DST was undertaken but only subcommercial
flow rates were recorded indicating a low permeability formation with a limited open,
connected fracture network at the Dao Ruang-2 location. The Dao Ruang-3 well spudded at the end of
April and is targeting an independent fault network in the Dao Ruang structure where it is hoped the
well will encounter an open fracture network.
Offshore in block B8/38 in the the Gulf of Thailand, development drilling on the Bualuang platform is underway and the East Terrace prospect will be tested as part of this programme. Exploration drilling elsewhere in the B8/38 block will follow the completion of development drilling.
Indonesia
The Group completed one appraisal well during the period, the Dao Ruang-2 well in block L15/50,Northeast Thailand, while progressing its analysis of a follow up location on the Dao Ruang structureahead of drilling during the current year. The well intersected a number of the targeted fracture zoneswith associated gas shows. Gas was seen all the way to TD, without any water, demonstrating asignificant gas column in the Dao Ruang structure. An openhole DST was undertaken but only subcommercialflow rates were recorded indicating a low permeability formation with a limited open,connected fracture network at the Dao Ruang-2 location. The Dao Ruang-3 well spudded at the end ofApril and is targeting an independent fault network in the Dao Ruang structure where it is hoped thewell will encounter an open fracture network.Offshore in block B8/38 in the the Gulf of Thailand, development drilling on the Bualuang platform is underway and the East Terrace prospect will be tested as part of this programme. Exploration drilling elsewhere in the B8/38 block will follow the completion of development drilling.Indonesia
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