Another drill-stem test is currently being conducted to test the hydrocarbon potential of the upper sand intervals.
SPC is a regional oil and gas company with interest in oil and gas exploration and production, refining, terminalling and distribution, marketing and trading of crude and refined petroleum products. It is an associated company of Keppel Oil & Gas Services Pte Ltd, a wholly-owned subsidiary of Keppel Corporation Limited.
SPC, through its wholly-owned subsidiary, SPC Vietnam (Blocks 102/106) Co. Ltd, holds a 20% participating interest in the Blocks.
The Thai Binh prospect is located in Block 102, Song Hong Basin, offshore northern Vietnam. The prospective area is about 50 kilometers south of Hai Phong City and in water depth of 28 meters.
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