Tanjung Wins Well Testing Contract from PTTEP

Tanjung Offshore's subsidiary, Tanjung Offshore Services Sdn Bhd, has been awarded a contract from Carigali-PTTEPI Operating Company Sdn Bhd for a self contained well testing vessel and related services for total of approximately Ringgit Malaysia RM30,000,000.

The contract is effective September 2008 for a period of one year with an option for an additional one year extension. The self contained well services vessel will be used to carry out well clean up and well testing operations for CPOC in block B-17 in the MTJA development area.