SOCO: TGT-10X Well Spudded (Vietnam)

SOCO announces that the exploration well on the H5 fault block of the Te Giac Trang (“TGT”) field, the TGT-10X well, spudded on 20^th June 2013. 

The well is located approximately six kilometres south of the H4 Well Head Platform, which is in the southern part of Block 16-1’s TGT Field in the Cuu Long Basin off the southern coast of Vietnam.

The TGT-10X well is the first in a four well drilling programme to be conducted this year on the TGT field and will be drilled with the jack-up drilling rig Naga-2. The well is expected to take 25 to 30 days, with a planned depth of approximately 4,400 metres below mean sea level.  Further updates will follow in due course.