Killajoules

PTTEP makes its first investment in Brazil, Enter into for 4 deep water exploration blocks
Mr. Tevin Vongvanich, President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, disclosed that on April 3, 2014, PTTEP Brasil Investimentos em Exploração e Produção de Petróleo e Gás Ltda. or PTTEP BL, a subsidiary of PTTEP signed Farm-in/Farm-out Agreement with BG E&P Brasil Ltda. (BG Brasil) for 4 predominantly deep water blocks with 25% participation interest. This is PTTEP’s first step in expanding investment in petroleum exploration in South America.

PTTEP celebrates its 25-year partnership with the Republic of Union of Myanmar
Thailand's PTT Exploration and Production Plc (PTTEP) celebrates its Silver Jubilee in Myanmar's oil and gas industry with an announcement of a continued robust capital expenditure totaling US$ 3.3 billion in the republic over the next five years .

Statoil and PTTEP swap Canadian oil sands assets
Statoil and the Thai exploration and production company PTTEP have signed an agreement to divide their respective interests in the Kai Kos Dehseh (KKD) oil sands project in Alberta, Canada.

PTTEP & Partners discover 2 oil fields in Algeria
Mr. Tevin Vongvanich (นายเทวินทร์ วงศ์วานิช), President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed that PTTEP with its Partners SONATRACH and CNOOC Limited has successfully discovered crude oil in the 4th and the 5th exploration wells in Hassi Bir Rekaiz project, Algeria.
The 4th exploration well (OGB-1) was drilled and yielded petroleum discovery in formation of Ordovician (Ouargla Sandstone) reservoir. The flow tests (Drill Stem Test - DST) were conducted and discovered the crude oil flow at approximately 485 barrels per day (BPD). Triassic Argilo Greseux Inférieur (TAG-I) reservoir which is the same formation with oil occurrence in the first well (RTF-1) in early 2012 exhibits oil flows as well but amount need to assess further. The joint venture is considering further appraisal program for reserve assessment.

PTTEP ready to add up production of Oman 44 Project
Mr. Tevin Vongvanich (นายเทวินทร์ วงศ์วานิช), President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed that PTTEP Oman Company Limited, a subsidiary of PTTEP, is ready to add up crude oil production which will boost the Oman 44 Project’s overall production of crude oil and condensate to 5,000 barrels per day (BPD) in October 2012.

PTTEP successfully acquired the entire shares capital of Cove Energy Plc.
Mr. Tevin Vongvanich (นายเทวินทร์ วงศ์วานิช), the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, revealed that PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP successfully acquired the entire shares capital of Cove Energy Plc. The Offer process is declared wholly completed.

PTTEP received over 90% of valid acceptances from Cove shareholders
Mr. Tevin Vongvanich (นายเทวินทร์ วงศ์วานิช), the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP, revealed that on 31 July 2012 at 1.00 p.m. (London time) PTTEP Africa Investment Limited or PTTEP AI, a wholly owned subsidiary of PTTEP has received valid acceptances from Cove Shareholders 91.37% of the existing issued share capital of Cove which is satisfactory to PTTEP AI’s requirement.

Commencement of Production from Second Te Giac Trang Platform
SOCO, an international oil and gas exploration and production company, is pleased to announce that the first flow of crude oil and gas from the H4 Wellhead Platform ('WHP-H4') of the Te Giac Trang Field ('TGT') occurred on 6th July 2012. The start of production has been achieved over one month earlier than scheduled and nearly a year ahead of the original approved development plan.

The Greater Bongkot South has started production at 320 MMSCFD
The Greater Bongkot South field reached the DCQ gas production at 320 MMSCFD adding total supply to 20% of Thailand natural gas demand.

PTTEP signed the PSC for 2 more exploration blocks in Myanmar
PTTEP today signed the Production Sharing Contract for 2 more onshore exploration blocks in Myanmar. With this success, it will thus help expanding PTTEP investment base as per its strategic plan and strengthening Thailand and Myanmar energy supply in the future. H.E. Mr. Arak Chonlathanont (นายอารักษ์ ชลธาร์นนท์), Minister of Energy of Thailand and H.E. U Than Htay, Minister of Energy of Myanmar also witnessed the signing.