MUBADALA PETROLEUM CONFIRMS GAS DISCOVERIES IN MALAYSIA


Dateline 2014-06-24, O&G Financial Journal:

Mubadala Petroleum reports that appraisal drilling and testing has confirmed the Pegaga discovery in Block SK320 offshore Malaysia as a substantial gas find with significant commercial potential.

A third discovery, Sirih-1, has also been confirmed from the 2013/14 exploration drilling program that has targeted a series of carbonate pinnacles within Block SK320. This adds to the Pegaga-1 and Sintok-1 discoveries announced previously, and the existing M5 discovery which Mubadala Petroleum successful appraised in 2012.

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