PTTEP 13061/00-1554/2017
Investor Relations
Tel., 0-2537-5919, 0-2537-5304, 0-2537-5779, 0-2537-4446
3 March 2017
President
The Stock Exchange of Thailand
93 Ratchadapisek Road, Dindaeng
Bangkok 10400
Dear Sir,
Subject: TOTAL’s participation in the Myanmar MD-7 Project
PTTEP SA (Operator) 50% participating interests
TOTAL E&P MYANMAR 50% participating interests
The entry of TOTAL, who possess world class knowledge and experience in oil and gas exploration, will balance the risk management as well as enhance the value of the project. This divestiture is part of PTTEP’s strategy for portfolio management.
Sincerely yours,
Somporn Vongvuthipornchai
Somporn Vongvuthipornchai
President and Chief Executive Officer