Search results for: Salamander

103 results

A list of search results

  • 24 November 2014
    Business & Finance

    Ophir Energy and Salamander have reached an agreement under which Ophir will take over Salamander in an all-share transaction. The proposed deal is subject to Salamander’s shareholders vote. Under the agreement, Salamander shareholders will receive 0.5719 Ophir share for each Salamander share. According to Ophir, the deal values Salamander, a South East Asia-focused exploration and production […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 14 January 2015

    Malaysia’s Sona Petroleum has informed it will not proceed with the previously announced agreement with Salamander to acquire a share in Salamander’s Bualuang field offshore Thailand. Both, Sona and Salamander have issued statements saying that they intend to terminate by mutual agreement the sale and purchase agreement signed in 2014, in respect of an effective […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 14 June 2012
    Business & Finance

    Salamander announces that, in a consortium with three other companies, it has entered into a Rig Sharing Agreement for a semi-submersible rig for Indonesian exploration drilling. Salamander will use the rig for its upcoming drilling campaign in the North Kutei basin, East Kalimantan, Indonesia. The Rig Sharing Consortium has contracted the semi-submersible rig Ocean General, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 17 May 2012

    Salamander Energy reveals that it has been negotiating a Letter of Intent for Diamond Offshore’s Ocean General semi-submersible rig for its drilling campaign offshore Indonesia. The company plans to use the rig, built in 1976, to drill four prospects on its acreage in the North Kutei basin starting in 4Q 2012. In today’s interim statement, […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 19 August 2014
    Business & Finance, Operations & Maintenance

    Salamander announces 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 to $25 […]