SapuraKencana Finds Gas Off Malaysia

SapuraKencana Energy (SKE) announced gas discovery from its three wells 2015 drilling campaign within the Block SK408 production sharing contract (PSC) area, offshore Malaysia.

All three wells targeted non-associated gas within the primary target Late Miocene Carbonate reservoirs. The first well, Jerun-1 is located approximately 5 km north of the 2014 Bakong gas discovery. Based on analysis of electric log, pressure and sample data Jerun-1 has an interpreted gross gas column of approximately 800 m in the primary target reservoir and is a multi-TCF gas discovery.

Jeremin-1, located approximately 15 km west of the F9 gas field encountered a 104 m gross gas column. Putat-1, located approximately 20 km north of the Cili Padi gas field is confirmed as a dry hole. All wells have been safely plugged and abandoned, the company said.

“The 2015 drilling campaign for SK408 has been executed within budget and completed safely by the SKE team with exceptional results,” said tan sri dato’ seri Shahril Shamsuddin, president & group chief executive officer of SapuraKencana Petroleum Berhad.

SKE is the operator with 40% working interest with partners PETRONAS Carigali Sdn. Bhd. holding 30% and Sarawak Shell Bhd. holding the remaining 30% interest.