Mitra Energy group follows Malay-Tho Chu discovery

May 29, 2013
A group led by Mitra Energy Ltd. has spudded the 45-VT-1X exploratory well on sprawling Block 45 on the northeastern margin of the Malay-Tho Chu basin offshore southern Viet Nam, the same basin in which the group reported a discovery last week.

A group led by Mitra Energy Ltd. has spudded the 45-VT-1X exploratory well on sprawling Block 45 on the northeastern margin of the Malay-Tho Chu basin offshore southern Viet Nam, the same basin in which the group reported a discovery last week.

The Ensco 107 jack up is handling the drilling assignment. Mitra Energy has a 35% operated working interest in the PSC. Talisman Energy Inc. has 35% subject to government approval, and Petrovietnam Exploration Production 30%.

The same group last week plugged and abandoned the 46/07-ND-1X well as an oil and gas discovery on adjacent Block 46/07. The group drilled that well to 2,296.6 m measured depth, 2,066 m true vertical depth subsea, and encountered more than 40 m TVD thickness of net pay validated by an extensive MDT and minidrillstem test program.

The 46/07-ND-1X well was first in a three-well program being operated by Mitra Energy on the two blocks.