Atwood Mako Rig Spuds First Well in Gulf of Thailand

Salamander Energy plc announces that the Atwood Mako jack up rig (the “Mako”) has arrived on location and commenced development drilling from the Bualuang Alpha platform on the Group’s B8/38 licence in the Gulf of Thailand.

The Mako is on long term contract, and will initially complete a short development drilling programme on the Bualuang Alpha Platform. Salamander will then be using the rig to drill two exploration prospects on its acreage in the Greater Bualuang area ahead of an extended development drilling campaign from the Bualuang Bravo platform from the end of October.

The rig is being contracted for an initial period of 12 months with a provision for a mutually agreed extension for a period of up to a further 12 months. The Atwood Mako is capable of drilling in water depths of up to 400 ft and drilling depths of 30,000 feet.

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Press Release, September 20, 2012