We expect Sarawak to complain soon about her not getting enough of a cut from the discovery.
50 exploration wells in 3 years? Assuming you take 15 days per well, that’s 750 days. I hope they already have a drill ship on standby to meet that kind of schedule.
Dateline 2011-02-15:
Petroliam Nasional Bhd (Petronas)’s persistency in exploring for the precious commodity within Malaysia has struck gold with major oil and gas reserves discovered off the coast of Sarawak.Some 100 million barrels of oil and 2.8 trillion standard cubic feet (tscf) of natural gas were discovered from two exploration blocks there.
Spurred by the success, Petronas plans to drill more than 50 exploration wells off Malaysia over the next three years.
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Wata - Malaysian Oil and Gas Engineer 