Salamander announced that the Bang Nouan-1 exploration well in the Savannakhet PSC, Lao PDR has been plugged and abandoned.
The Bang Nouan-1 exploration well was completed on May 6, 2010. A drill stem test (DST) program was completed between July 30 and August 3, 2010 on the secondary objective Kuchinari sandstones between an interval of 45m between 2025m and 2070m MDBRT. No significant flow of hydrocarbons was observed and an injectivity test has confirmed that this tight formation would not readily respond to fracture stimulation to achieve a commercial flow rate. Following the completion of the DST, the well has been plugged and abandoned as a dry hole and the work-over rig brought in to conduct the test will shortly be demobilized.
Salamander Energy has a 30% operated interest in the Savannakhet PSC having farmed out 30% to Origin Energy in December 2009.
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