Project Profile
Location: 125 km north west of Rangoon
Water Depth: 2,000 m
Area: 360,000 hectares
The block, PSC-I, covers an area of about 360,000 hectares about 125 kilometres north west of Rangoon, stretching between the Irrawaddy Delta sub-basin and the Central Burma basin’s Pyay Embayment sub-basin. Sitting on the Pyay Embayment sub-basin puts the block in the same place as the Chauk-Lanywa and Yenangyaung fields, and adjacent to the producing Myanaung and Shwepyitha fields. Jubilant won a production sharing contract with Burma’s Parami Energy for the development of this block.
Operators:
Jubilant Energy: Operator with 77.5% interest
Parami Energy: 22.5% interest
Contractors:
Smart Technical Services