Project Profile
Location: Phetchabun basin, approx. 300 km north of Bangkok, Thailand
3P Reserves: 49.62 MMbbl (January, 2016)
Drilling Depth: 1,235 metres
Start-up Year: -
The concession is located in Phetchabun basin approximately 300 km north of Bangkok. The WBEXT-2C well, located in the L44/43 concession, was spudded on 16 July 2013 and reached a total depth of 1235 metres. The well encountered the WBV1 target igneous at about 900 metres downhole. Oil shows were interpreted across this 20 metre interval. The WBV2 target igneous was hit at about 1,200 metres down but while gas shows were present, there were no oil shows. WBEXT-2C will now be cleaned up and tested, after which it is expected to be placed onto production. The testing will commence with the deepest igneous sections and is anticipated to take some weeks to complete testing of all reservoir horizons encountered.
Operators:
ECO Orient Resources: Operator with 60% interest
Berlanga Group: 20% interest
Loyz Energy: 20% interest