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.

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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.

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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.

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