PTTEP to carry out 3D seismic at newly awarded blocks
Wednesday, July 7 2010 - 02:48 AM WIB
Thai upstream firm PTT Exploration and Production PCL (PTTEP) will acquire 3D seismic at its newly acquired offshore blocks in Makassar Straits by year-end or first quarter of next year.
The company will soon hold tender to find vessel to carry out the survey, Terapol Phoonsiri, VP Asia Pacific JV Assets, International Assets Group told Petromindo.Com on Tuesday.
Phoonsiri said seismic acquisition will first be carried out at South Mandar Block, to be followed by Malunda block.
He did not give further detail.
PTTEP holds 67 percent stake in both blocks, which were awarded in May this year, with the balance held by Canadian firm Talisman Energy. (denny)