Mubadala Petroleum Commences Development Drilling in Thailand

Mubadala Petroleum, operator of the G1/48 concession containing the Manora Oil Development, has begun drilling the MNA-16 development well in the Northern Gulf of Thailand.

MNA-16 is the first of two development wells scheduled to be drilled in the region. Following the commencement of Manora production in November 2014, and following a review of results from the initial development drilling program, the Manora joint venture partners agreed in April 2015 that the two Manora producer wells would be deferred.

The MNA-16 and MNA-15 wells will be drilled to final total depths of 9,025 feet and 9,265 feet respectively, and completion is expected to take around 17 days for each well on a trouble free basis. Mubadala Petroleum is also intending to drill an exploration well in the G1/48 concession immediately after the conclusion of the two development wells.



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