NEW DISCOVERIES FOR PETRONAS IN MALAYSIA AND INDONESIA


Dateline 2013-12-13, 4-traders (yes, cheesy title):

PETRONAS is pleased to announce new hydrocarbon discoveries from its exploration activities in Malaysia and Indonesia.

In Malaysia, gas has been discovered via the Sintok-1 well in the offshore Block SK320, about 240km northwest of Bintulu, Sarawak.

Block operator Mubadala Petroleum drilled the well to a total depth of 2,775 metres and discovered gas in the main target reservoir. Well data indicates Sintok-1 to have a gas column of 292 metres, and the operator is carrying out further evaluation to assess the volume of the discovery.

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