Mubadala Commences Manora Development Drilling Offshore Thailand

Wednesday 23 March 2016

Mubadala Petroleum the operator of the G1/48 concession containing the Manora Oil Development, has advised that at 11.15am on 22 March 2016 the Atwood Orca jackup drilling unit commenced drilling MNA-16 the first of two planned development wells.

Following the commencement of Manora production in November 2014, and following a review of results from the initial development drilling programme, the Manora joint venture partners agreed in April 2015 that two Manora producer wells would be deferred.

The MNA-15 and MNA-16 wells have now been scheduled and will be drilled to final total depths of 2,571m and 2,824m (measured depth) respectively and will be completed with electric submersible pumps (ESPs). Drilling and completion is planned to take ~17 days for each well on a trouble free basis. The two development wells are expected to increase Manora production performance.

The Operator is also intending to drill an exploration well in the G1/48 Concession immediately after the conclusion of the two development wells.

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