Total Strikes in Block B Offshore Brunei

Total reports a significant discovery of gas and condensates on Block B, offshore Brunei, in a water depth of 62 meters, approximately 50 kilometers from the coast.

Total, with a participation of 37.5% is the operator of this block, in association with Shell (35%) and local partners (27.5%).

With a final depth of 5,850 meters, the MLJ2-06 well is the deepest ever drilled in Brunei in a high pressure/high temperature (HP/HT) reservoir. The well was drilled using the newbuild jackup, Maersk Completer. New gas compartments in the Maharaja Lela/Jamalulalam field have been detected and further appraisal work is necessary to evaluate them. However, this well should come onstream before the end of 2008.

Total has been present in Brunei since 1986, where it operates the Maharaja Lela/Jamalulalam field which produced 28,500 barrels of oil equivalent per day in 2007. The gas is delivered to the Brunei LNG liquefaction plant.

In addition, Total holds a 60% interest in, and is the operator of, the exploration block J, situated deep offshore, for which a production sharing agreement had been signed in March 2003. Exploration activities on this block (5,000 square kilometers) have been suspended since May 2003, awaiting the resolution of a border dispute with Malaysia.

Total's production in the Asia-Far East region, which stood at 252,000 barrels of oil equivalent per day in 2007 or 11% of the Group's total equity output, is mostly located in Indonesia.

Recent years have seen the acquisition of interests in a number of exploration licenses in Australia, Indonesia, Bangladesh and in Vietnam, as well as a 24% stake in Australia's Ichthys LNG project.

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