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  1. #1
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    Salamander Energy awaits start of Thai drilling campaigns

    Salamander Energy awaits start of Thai drilling campaigns
    Jamie Ashcroft
    Thursday, January 06, 2011



    Salamander Energy (LON:SMDR) is bracing itself for the start of two new drilling campaigns in Thailand.

    The company is planning to drill two appraisal wells in Western Khorat onshore Thailand, and as many as nine wells in the Gulf of Thailand.

    This morning it told investors that the MB Century 26 land rig was mobilised on the Monday 3 January, and the first of two well on the Dao Ruang gas discovery is expected to spud on schedule later this month.

    Meanwhile the Diamond Drilling operated Ocean Sovereign rig is currently in Malaysia where it is awaiting clearance to enter Thai waters.

    Once Diamond Drilling has cleared the red-tape, the rig will be move to the Bualuang field where it will start a programme of up to three exploration wells and six development wells.

    The first well, the Bualuang East Terrace exploration well, is expected to spud by the end of January.

    proactiveinvestors.co.uk

  2. #2
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    Salamander Energy signs jackup rig deal for Thai drilling work
    23 March 2012

    Salamander Energy has signed a contract with Atwood Oceanics subsidiary for use of the Atwood Mako jack up rig across its licences in the Greater Bualuang area, Gulf of Thailand.

    The rig is expected to be delivered in September 2012 and can drill in water depths of up to 400ft and drilling depths of 30,000ft.

    The initial plans are for the rig to drill 16 development wells from the Bravo Wellhead Platform, in the main field and the East Terrace, and to drill exploration wells on the G4/50 licence.

    Salamander chief executive James Menzies said following our farm-in to block G4/50 surrounding our Bualuang production licence area, the company is now in a position to take on drilling rigs under long-term contract to explore, appraise and exploit expanded acreage base in the Gulf of Thailand.

    "The signing of this long term drilling contract is a significant step forward for the Group in its plans to unlock the material upside in the Greater Bualuang area," added James.

    For the B8/38 drilling programme, the Ensco-53 jack up rig will be mobilised immediately and a four well programme is planned in the B8/38 licence, comprising two development and two exploration wells.

    Initially, two development wells will be drilled and exploration drilling is expected to follow in May.

    drillingandproduction.energy-business-review.com

  3. #3
    The Dentist English Noodles's Avatar
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    Happy days.

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    Salamander Energy to plug and abandon Far East-1 well in Gulf of Thailand
    Sergei Balashov



    Salamander Energy told investors that it remains "extremely excited" by the potential in Greater Bualuang area


    Salamander Energy (LON:SMDR) has decided to plug and abandon the Far East-1 well in its operated B8/38 licence in the Gulf of Thailand.

    The decision was made after the results of a drill stem test over a zone of potential oil pay showed that water was present in the section.

    This well will be followed by the Bualuang North West Terrace exploration well, which will be drilled later in the year as part of a wider exploration programme across both the B8/38 and G4/50 licence areas.

    On a positive side, the company said that the early indications from new 3D data from the licence have exceeded its initial expectations.

    The company is now looking for a rig, expecting to bring it to the area in the final quarter of the year to start an extensive exploration programme with a primary focus on G4/50.

    “Whilst this result is disappointing in isolation, we remain extremely excited by the exploration potential in Greater Bualuang area,” said chief executive of Salamander James Menzies.

    Shares in Salamander declined 2.5 percent to 167.1 pence by 9:15am, giving it a market cap of £428.5 million.

    proactiveinvestors.co.uk

  5. #5
    Thailand Expat Boon Mee's Avatar
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    Quote Originally Posted by English Noodles View Post
    Happy days.
    Indeed.

    Didn't realize Atwood Oceanics was still around.

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