Vietnam: Vinh Thuan discovery well subcommercial

Mitra Energy Ltd. will plug and abandon its 45-VT-1X Vinh Thuan well on Block 45 offshore Vietnam as a subcommercial oil and gas discovery.

The Ensco 107 jack up drilled the well to 2,245 m true vertical depth subsea, and MDT and minidrillstem tests validated the presence of oil and gas.

45-VT-1X is the second in a three-well Mitra-operated program on the Block 45 and Block 46/07 PSCs. Upon plugging, the rig will move to Block 46/07 to drill the 46/07-HC-1X Hon Chuoi well.

Mitra holds a 35% operated working interest in the PSC. Talisman Energy has 35% subject to government approval and Petrovietnam Exploration & Production has 30%.

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