Coastal Energy to Test Offshore Thai Wells

The Benjarong A-02 well was drilled to a total vertical depth of 11,127 feet (3,391 meters), encountering 31 feet (9 meters) of net pay in the Eocene reservoir with 15% average porosity. Furthermore, a non-conventional zone with oil shows was encountered in the Oligocene limestone. Coastal Energy plans to test the viability of the Eocene and the non-conventional play. Completion casing was run on the Benjarong A-01 and A-02 wells and the operator will begin completing A-01 this week. Once both wells are completed, the drilling rig will be mobilized to Bua Ban and a mobile offshore production unit will be set at Benjarong to commence flow testing on both wells. It is estimated that spudding of the first Bua Ban well and testing at Benjarong will begin during the third week of May.

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