A group led by Pearl Oil (Amata) Ltd. has spudded the Kinnaree-1 exploratory well on the G1/48 concession in the Kra basin in the northern Gulf of Thailand offshore Thailand.
Second well in the Thailand 2012 exploratory campaign, it is projected to 2,689 m in 39 m of water 15 km north of Manora field. It targets synrift lacustrine sands that are the primary hydrocarbon bearing reservoirs in Manora field.
Pearl Oil (Amata) is operator with a 40% interest. Pearl Oil (G1) Ltd. has 20%, Northern Gulf Petroleum Pte. Ltd. 10%, and Tap Energy (Thailand) Pty. Ltd. 30%.