Tap Oil Commences 3 Well Exploration Campaign

Source: www.gulfoilandgas.com 11/21/2019, Location: Asia

Tap Oil Limited (TAP) provides the following update on the planned exploration drilling at the G1/48 Manora Oil Field in the Northern Gulf of Thailand (Tap 30% interest). As highlighted in the ASX announcement on 30 October 2019, the Manora Oil Field Operator, Mubadala Petroleum, and Tap have approved the drilling of three firm exploration wells and an appraisal side-track, contingent upon exploration success.

Mobilisation operations commenced on 17 November 2019 with the Ensco 115 jackup drilling rig reaching the Inthanin well location on 18 November 2019. The well location is 3.7 km south-southwest of the Manora platform.

The Inthanin-1 well spudded on 20 November 2019 and is scheduled to take approximately 11 days to complete the drilling.

The Inthanin prospect trap is a three-way dip closure with the added possibility of a larger combination trap at the 500 sands level. The primary objective of drilling the Inthanin-1 well is to explore for hydrocarbons in the 400, 500 and 600 series sands levels, all of which produce in the Manora East fault block 1.6 km to the north-northeast. The target reservoirs are fluvial at the 400 and 500 level and lacustrine at the 600 level.

Following the drilling of the Inthanin-1 well, the rig will be moved on to drill the Yothaka East-1 and Krissana-1 wells. A contingent side-track, into the Yothaka structure will be dependent upon the results of the Yothaka East-1 and Krissana-1 exploration wells.

Tap will continue to provide updates on the progress of the exploration drilling campaign in due course.


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