Search results for: B8/38

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  • 20 July 2010
    Business & Finance

    Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, today announces that its subsidiary, Salamander Bualuang, has reached agreement with SOCO International to purchase SOCO Thailand, LLC. SOCO Thailand, LLC owns SOCO Thailand, which holds a 40% interest in the B8/38 licence in the Gulf of Thailand. Salamander currently owns […]

  • 21 July 2014
    Business & Finance, Project & Tenders

    Salamander has signed a definitive Share Sale and Purchase Agreement with SONA Petroleum Berhard (SONA) to dispose of an effective 40% working interest in the B8/38 concession containing the Bualuang oil field and the surrounding G4/50 concession, both located in the Gulf of Thailand. Under the terms of the Transaction SONA will pay a consideration of US$280 […]

  • 22 October 2012
    Business & Finance, Project & Tenders

    Salamander Energy plc announces the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand. The B8/38-8 (NW-1) well is testing one of a number of fault terraces to the north west of the Bualuang oil field. Resource potential of 10 – 15 MMbo has been identified in a cluster of […]

  • 25 February 2011
    Business & Finance

      Salamander Energy plc announces a reserves upgrade to the Bualuang oil field and the commencement of its drilling programme in the B8/38 licence, Gulf of Thailand. Salamander is operator and holds a 100% interest in the B8/38 licence. Bualuang Field Reserves Upgrade Following analysis of the performance of the Bualuang field and modeling of […]

  • 21 July 2014
    Business & Finance, Project & Tenders

    Further to the Heads of Agreement announced on 5 June 2014, Salamander announces that a definitive Share Sale and Purchase Agreement has now been signed with SONA Petroleum Berhard (“SONA”) to dispose of an effective 40% working interest in the B8/38 concession containing the Bualuang oil field and the surrounding G4/50 concession, both located in […]

  • 7 January 2011
    Business & Finance

    Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, provides an operational update on its forthcoming drilling activity in  Block B8/38, Gulf of Thailand (Image above). The Ocean Sovereign jack-up rig, contracted for the B8/38 drilling campaign, is currently held up in Johor, Malaysia, while the rig’s owner, Offshore Diamond, […]

  • 18 June 2012
    Business & Finance

    Salamander Energy plc announces the spud of the Bualuang Far East-1 (“FE-1”) exploration well in Block B8/38, Gulf of Thailand. The Bualuang Far East prospect is located approximately 7km to the northeast and up-dip of the Bualuang oil field. The FE-1 well will be drilled to a total vertical depth of 1,452 metres subsea. The […]

  • 3 July 2012
    Business & Finance

    Salamander Energy plc provides an operational update on testing operations at the Far East prospect in its operated B8/38 licence, Gulf of Thailand.  Further to the announcement on 26th June 2012, a barefoot DST was conducted over a zone of potential oil pay in the Ratburi carbonates. The test results are conclusive, analysis of produced […]

  • 25 October 2012
    Business & Finance, Project & Tenders

    Salamander provides an update on its operations in its operated block B8/38 in the Gulf of Thailand. Bravo Platform As previously reported, the Bualuang Bravo Platform (“Bravo”) construction has been completed to schedule and budget. The Bravo jacket has now commenced sail-away from the Thai Nippon Steel yard in Bangpakong, Thailand and is en-route to […]

  • 22 March 2012
    Business & Finance

    Salamander Energy plc,  an independent upstream oil and gas exploration and production company focused on on growth assets in and around three core areas: Greater Bualuang, Gulf of Thailand; North Kutei, Indonesia; and Greater Kerendan,  Indonesia,  has provided an update on its drilling programme in the Gulf of Thailand, one of its three core focus areas. B8/38 […]

  • 5 June 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    Salamander  has signed a non-binding HoA with SONA to sell an effective 40% working interest in both the B8/38 concession (containing the Bualuang Field) and the surrounding G4/50 concession for a total cash consideration of $280 million. Under the terms of the Transaction SONA will pay Salamander US$250 million for a 40% effective interest in […]

  • 20 September 2012
    Business & Finance, Project & Tenders

    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 […]

  • 5 June 2014
    Business & Finance

    Salamander has signed a non-binding HoA with SONA to sell an effective 40% working interest in both the B8/38 concession,containing the Bualuang Field in the Gulf of Thailand, and the surrounding G4/50 concession for a total cash consideration of US$280 million. SONA is a special purpose acquisition company (“SPAC”) listed on the Malaysian stock exchange formed by a group […]

  • 26 August 2010
    Business & Finance

    Salamander Energy, an independent upstream oil and gas exploration and production company focused on Asia, announces its half year results for the six months ended 30 June 2010. HIGHLIGHTS FINANCIAL * Revenue up by 73% to $133.5 million (1H’09: $77.2 million) * Operating cashflow up by 56% to $63.2 million (1H ’09: $40.5 million) * […]

  • 27 June 2011
    Business & Finance

    Salamander Energy plc today provides the following update on its current drilling activity in Thailand, including the announcement of a material oil discovery in the East Terrace prospect. B8/38 Licence (Salamander 100%, operator) The current drilling programme, using the Ocean Sovereign jack-up rig located on the Bualuang Wellhead Platform (“WHP”), includes three new horizontal production […]

  • 13 November 2012

    Salamander Energy plc provides an update on its exploration and appraisal drilling and production operations in its operated B8/38 license, offshore Gulf of Thailand. NW-1 The B8/38-8 exploration well targeting the Northwest Terrace prospect (“NW-1”) has been drilled to TD. The NW-1 well was targeting a small fault terrace structure located north of the Bualuang […]

  • 26 November 2014
    Business & Finance

    Malaysia Sona Petroleum has said it will work to complete the acquisition of offshore blocks in Thailand from Salamander Energy, despite Salamander’s deal with Ophir Energy. Ophir Energy and Salamander on Monday reached an agreement under which Ophir will take over Salamander in an all-share deal, valuing Salamander at $492.3 million. In order for the takeover […]

  • 11 May 2010

    Salamander Energy has successfully completed Phase IV of development drilling on the Bualuang oil field, Block B8/38, offshore Gulf of Thailand. The Vantage Emerald Driller jackup rig arrived on location on March 26, 2010, for a drilling program at Bualuang that comprised the side-track of three existing slant production wells and their conversion to horizontal […]

  • 11 December 2013
    Business & Finance, Project & Tenders

    Salamander Energy provides an update on drilling, development and production operations at the Bualuang oil field in the B8/38 concession, offshore Gulf of Thailand. Salamander has a 100% interest in, and is operator of, the Bualuang field. Facilities Installation The installation of the oil processing and power generating modules onto the Bualuang Bravo Platform has […]

  • 27 June 2013

    Salamander Energy plc announces the start of its multi-well exploration programme in Block G4/50, Gulf of Thailand. Salamander has a 100% operated interest in Block G4/50 which surrounds the B8/38 Production Licence (that contains the Bualuang oil field). The Group plans to drill six exploration wells in G4/50 during 2013 with further exploration drilling to […]

  • 11 December 2013
    Business & Finance, Operations & Maintenance

    Salamander Energy provides an update on drilling, development and production operations at the Bualuang oil field in the B8/38 concession, offshore Gulf of Thailand. Salamander has a 100% interest in, and is operator of, the Bualuang field. Facilities Installation The installation of the oil processing and power generating modules onto the Bualuang Bravo Platform has […]

  • 15 April 2011

      Salamander Energy plc provides the following update on its Thai drilling operations in Block L15/50, onshore Northeast Thailand, and Block B8/38, Gulf of Thailand. Dao Ruang-2 well, Block L15/50 Dao Ruang-2 (“DR-2”) drilling operations at the Dao Ruang-2 location have been completed. Following an openhole drill stem test (“DST”) the well failed to flow […]