Currently, PTTEP is carrying out exploration and development of natural gas at three other blocks namely M-11 (7,200 sq-km), M-3 (18,000 sq-km) and M-4 (18,000 sq-km) under a series of contracts reached with Myanmar during the last two years.
With three main large offshore and 19 onshore oil and gas fields, Myanmar possesses a total of 87 trillion cubic-feet (TCF) or 2.46 trillion cubic-meters (TCM) of gas reserve and 3.2 billion barrels of recoverable crude oil reserve, official statistics show.
PTTEP is operator and sole shareholder of five exploration blocks in the Gulf of Martaban offshore Myanmar, namely M3, M4, M7, M9 and M11.
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