Search results for: Salamander Energy

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  • 21 November 2014

    Oil company Ophir Energy has reached an agreement on a possible takeover offer for Salamander Energy. In a statement jointly issued by the two oil companies, it has been explained that the possible deal would go through a share exchange where Salamander shareholders would be entitled to receive 0.5719 Ophir shares for each Salamander share. Salamander […]

  • 15 July 2011

      Salamander Energy today announced that the Aquamarine Driller jack up rig (owned by Vantage Drilling Company) that will be used to drill the Cat Ba-1X prospect in Block 101/100-04, Offshore Northern Vietnam, is due to imminently commence mobilisation to the well site. The Cat Ba-1X well is expected to spud before the end of […]

  • 15 July 2011
    Business & Finance

    Salamander Energy today announced that the Aquamarine Driller jack up rig (owned by Vantage Drilling Company) that will be used to drill the Cat Ba-1X prospect in Block 101/100-04, Offshore Northern Vietnam, is due to imminently commence mobilisation to the well site. The Cat Ba-1X well is  expected to spud before the end of July […]

  • 6 February 2015

    Oil and gas company Ophir Energy has announced that at the general meeting held today, a majority of shareholders supported the previously announced all-share transaction by which Ophir will take over Salamander Energy. According to Ophir 78.92% voted in favor of the transaction, while 21.08% voted against. Ophir has said that despite the falling oil prices […]

  • 23 July 2010
    Project & Tenders

    Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that it has plugged and abandoned the Tom Hum Xanh-1X (“31-THX-1X”) exploration well in Block 31, in the Vinh Chau Graben system, offshore southern Vietnam. The 31-THX-1X well has been drilled to a total true vertical depth subsea of 2,103 […]

  • 1 September 2011
    Business & Finance, Project & Tenders

    Salamander Energy announces the completion of the Cat Ba–1X (“101-CB-1X”) exploration well in Block 101-100/04, offshore northern Vietnam. Block 101-100/04 was the subject of a farm out as announced on 31st May 2011. The 101-CB-1X well was drilled by the Aquamarine Driller jack-up rig  to a total depth of 1,724 metres. The well encountered 38 […]

  • 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, […]

  • 13 February 2014
    Business & Finance, Project & Tenders

    Salamander Energy has repaired the damaged risers, and resumed production from its Bualuang field. To remind, the production from the field, located in the Gulf of Thailand, was stopped after the Rubicon Vantage FPSO damaged the risers when it drifted into the exclusion zone designed to protect the production infrastructure. The accident occurred during bad […]

  • 2 September 2011
    Business & Finance

    Salamander Energy announces that it has agreed terms with Risco Energy Pte Ltd (“Risco”) for the sale of Salamander Energy (Java & Sumatra) B.V. through which the Group holds five per cent interests in the Offshore Northwest Java  {“ONWJ”) and Southeast Sumatra {“SES”) PSCs respectively. The cash consideration is $55 million plus working capital adjustments […]

  • 19 August 2014
    Business & Finance, Project & Tenders

    Salamander Energy has announced that first oil has been received in the tanks of the newly converted Suksan Salamander Floating Storage and Offtake Vessel (“FSO”) at the Bualuang field in the Gulf of Thailand. This is the culmination of the planned upgrade to the field’s facilities which targets a reduction in operating costs of up […]

  • 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 […]

  • 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 […]

  • 29 April 2012
    Business & Finance

      The Board of Salamander on Friday announced a fully underwritten 13 for 20 Rights Issue to raise proceeds of approximately $201 million (£124 million), net of expenses, through the issue of up to 100,654,935 New Ordinary Shares. New Ordinary Shares will be issued at a price of 130 pence each, representing a discount of […]

  • 29 June 2010

    Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that it has plugged and abandoned the Tom Su Lua-1X exploration well in Block DBSCL-01, in the Vinh Chau Graben system, offshore southern Vietnam. The DBSCL01-TSL-1X well, the first exploration well in the basin, has been drilled to a total […]

  • 3 August 2011
    Business & Finance, Project & Tenders

    Salamander Energy announces the spud of the Cat Ba–1X (“101-CB-1X”) exploration well in Block 101-100/04, offshore northern Vietnam. The 101-CB-1X well will be drilled to a depth of approximately 1,900 metres. The primary objective is a Palaeozoic carbonate, (buried hill) structure with secondary objectives in the overlying Tertiary clastic section. The mean gross pre-drill estimate […]

  • 3 November 2014
    Business & Finance

    Ophir Energy has confirmed it is interested in acquiring the entire issued and to be issued share capital of Salamander Energy. The announcement by Ophir today follows a statement issued on October 27 by Salamander, in which the Asia-focused oil company said it had been approached by Ophir and, separately, by a consortium led by Compañía Española […]

  • 21 December 2012
    Business & Finance

    Atwood Oceanics, Inc. has been awarded a twelve-month contract extension by Salamander Energy (Bualuang) Limited (“Salamander”) for the jackup Atwood Mako. The extension is priced at a day rate of $155,000 and begins September 9, 2013. The Atwood Mako commenced its initial twelve month drilling services contract with Salamander on September 9, 2012 for operations […]

  • 27 January 2014

    Salamander Energy has announced it expects production from the Bualuang oil field in the Gulf of Thailand to resume in early February. Production was stopped after a drifting FPSO damaged the risers at the field. Earlier this month, during bad weather conditions, the Rubicon Vantage FPSO drifted into the exclusion zone designed to protect the production […]

  • 22 September 2014
    Business & Finance, Project & Tenders

    Salamander Energy has announced that its Environmental Impact Assessment (“EIA”) for exploration drilling in the G4/50 licence, Greater Bualuang area, Gulf of Thailand, has been granted conditional approval. Of the 20 drilling locations in the original EIA, 18 have been approved subject to: updating the oil spill response modelling to account for the removal of […]

  • 18 August 2014

    Salamander said that the volume of hydrocarbons encountered is considered to be sub-commercial and the NK-2 well has been plugged and abandoned.

  • 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 […]

  • 31 May 2011
    Business & Finance

      Salamander Energy plc (“Salamander”) announces that it has executed an agreement to farm-out a 20% interest in Block 101-100/04, Offshore Northern Vietnam to JX Nippon Oil & Gas Exploration Corporation (“JX-NOEX”). Block 101- 100/04 is operated by Salamander and contains the Cat Ba oil prospect that will be tested with the CB-1X well in […]