By OGJ editors
HOUSTON, Apr. 26 -- Hoan Vu Joint Operating Co., operator of Block 09-2 in the Cuu Long basin off Vietnam, reported that Ca Ngu Vang field is commercial.
SOCO International PLC, London said, "There will be more [commercial fields] to follow in this oil-rich exploration province consisting of multiple, extensive, high-quality productive reservoirs." Its subsidiary SOCO Vietnam Ltd. holds a 25% working interest in Block 9-2.
SOCO earlier reported that the CNV-4X appraisal well on Block 9-2 encountered "good oil and gas shows" in Oligocene "E sequence sandstones" (OGJ, Dec. 12, 2005, p. 43).
