Salamander Prepares to P&A Lumba Lumba-1

Salamander Energy plc announced that preparations are underway to P&A the Lumba Lumba-1 exploration well in permit SC41, Sandakan Basin, offshore northeast Borneo, Philippines.

The well has been drilled by the semisub Transocean Legend to total depth of 2,153 meters sub-sea and wireline logs have been run over the primary objective horizons. Following logging and casing of the shallow section, the well has suffered from prolonged operational difficulties and the decision has been taken to call TD early before penetrating the deeper secondary objectives.

Elevated background gas readings were seen in the shallow section, however no reservoir quality sandstones of any significant thickness were encountered.

Information from the Lumba Lumba-1 well will now be analyzed and integrated with existing data as the partners continue to mature a number of additional, independent, high impact prospects ahead of future drilling.

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