PTTEP Wins Three Blocks in Thailand's 19th Round



PTTEP Siam Limited has been awarded three blocks in the 19th Petroleum Concession Bidding Round which was held by the Department of Mineral Fuels in Thailand. PTTEPS submitted its proposals for Petroleum Concessions Blocks L21/48, L28/48 and L29/48. The Company says that the Cabinet has approved the above-mentioned proposals, as follows:

1. Concession Block L21/48, covering northeastern area of Nam Phong with the total area of 3,879 square kilometers in the northeastern province. PTTEPS (as the operator) will hold 100% interest.

2. Concession Block L28/48, covering Chonnabot and Chaturus Structures with the total area of 3,962 square kilometers in the northeastern province. PTTEPS (as the operator) will hold 100% interest.

3. Concession Block L29/48, covering Chonnabot Structures with the total area of 3,962 square kilometers in the northeastern province. PTTEPS (as the operator) will hold 100% interest.

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