MUBADALA PETROLEUM CONFIRMS GAS DISCOVERIES IN MALAYSIA

August 30, 2014

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.


Mubadala proves more gas offshore Sarawak

February 16, 2014

Dateline 2014-01-03, Offshore:

Mubadala Petroleum has discovered gas in the Sintok structure offshore Sarawak, according to partner Petronas.

The Sintok-1 well was drilled in block SK320, 240 km (149 mi) northwest of Bintulu, to a TD of 2,775 m (9,104 ft). It encountered gas in the main target reservoir.

Analysis of well data indicates a 292-m (958-ft) gas column. Studies continue to assess the volume of the discovery.

This was the third gas find on the block since it was awarded in February 2010.


NEW DISCOVERIES FOR PETRONAS IN MALAYSIA AND INDONESIA

February 7, 2014

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.