Petrovietnam to Begin Survey Offshore Southern Vietnam

PetroVietnam is planning a seismic survey in Block 09-3 offshore southern Vietnam which covers approximately 5,600 square kilometers in the shallow waters of the Cuu Long Basin. The 350 square kilometers of 3D seismic will be shot over a period of about two months.

Results from this survey will be used to determine how to proceed with an upcoming two-well exploration program.

Partners in the block are PetroVietnam with 35%; Zarubezhneft with 50% and Idemtisu with the remaining 15%.