Salamander Resumes Drilling Ops at Thai Block

Salamander provided the following update on its current drilling operations in Thailand and Indonesia.

Thailand

Dao Ruang-3 well, Block L15/50

The Dao Ruang-3 appraisal well has spudded and will be drilled to a planned depth of 1,900 m TVDSS using the MB Century-26 rig. The well is forecast to take 45 days to drill on a dry hole basis. Salamander has a 50% interest in, and is operator of, Block L15/50.

Block B8/38

The Ocean Sovereign rig is back on location at the Bualuang Alpha wellhead platform and has resumed drilling operations. Salamander has a 100% interest in, and operatorship of, Block B8/38.

Indonesia

South Sebuku-2 appraisal well, Bengara-1 PSC

The HPS-1 land rig that will be used to drill the South Sebuku-2 well ("SS-2") has commenced mobilization to the well site. The SS-2 well is expected to spud in mid-May. SS-2 is appraising the South Sebuku gas discovery made in 2009 that is thought to contain gross mean contingent resources of 80 Bcf. Salamander has a 41% interest in the Bengara-1 PSC.

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