Salamander Plugs and Abandons Exploration Well Off Thailand

Salamander Energy plc announces that the G4/50-4 exploration well, targeting the Rayong prospect in the Kra Central sub-basin, Block G4/40, Gulf of Thailand, has been drilled to a total vertical depth sub-sea of 1,889 metres.

The well encountered a 119 metre section of excellent quality P20 Miocene sandstones, the primary target on depth prognosis. However, following the completion of a logging and sampling programme, these sandstones were found to be water-wet.

In the deeper Permian carbonate target the well encountered a 34 metre section of Ratburi limestone which was not deemed to be of reservoir quality.

The well has been plugged and abandoned and the Atwood Mako rig is now mobilising to drill the Surin prospect in the Western Central sub-basin.

[mappress]

Press Release, July 15, 2013