Final Drilling Update on Ladawan-1
Monday 20 November 2017
Tap Oil provides the following update on exploration drilling at the Ladawan-1 exploration well in the G1/48 concession in the Northers Gulf of Thailand (Tap 30% Interest)
Mubadala Petroleum Operator of the G1/48 Cocession and the Manora oil field, has advised that drilling of the Ladawan-1 exploration well has reached total depth at approximately 2,175m true vertical depth subsea (TVDSS)
Interpretation of the logging while drilling data shows approxinately 3.3m of oil column in the primary reservoir target below a depth of 2,033. TVDSS. This result is not viewed as commercial and the well has been plugged and abandoned.
Tap is working with the Operator who continues to evaluate the results, and these will be incorporated into our understanding of the field and potential of the reservation area.
The Ensco 115 drilling has now moved off location to prepare to drill the Manora-6 prospect, in the Manora production area.