Brunei

Tap Oil Ltd., Perth, plans to spud the Mawar-1 wildcat on an oil prospect on the Belait anticline in Block M in southwestern Brunei around July 19, 2010.

July 9, 2010

By OGJ editors
HOUSTON, July 9 – Tap Oil Ltd., Perth, plans to spud the Mawar-1 wildcat on an oil prospect on the Belait anticline in Block M in southwestern Brunei around July 19, 2010.

Mawar-1, first well to be drilled in Block M since 1988, is to be followed by Markisa-1. A Tap Oil-led joint venture will drill the wells on behalf of Brunei National Petroleum Co.

The Mawar-1 location is 30 km south of giant Seria oil field. The directional well is to test multiple sandstone objectives in Mid-Late Miocene Belait at 1,300 m in a fault compartment on the anticline.

Block M covers 3,011 sq km in the Baram Delta. Block participants are Tap Energy (Borneo) Pty. Ltd. operator with 39%, Kulczyk Oil Ventures Inc. 36%, China Sino Oil Co. Ltd. 21%, and Jana Corp. Sdn. Bhd. 4%.