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The Algeria 433a and 416b

The project production volume averaged 18,885 BPD.
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Algeria Hassi Bir Rekaiz

The project’s development plans are being prepared to be submitted to the Algerian government within 2017.
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PTTEP Australasia

The Montara Field Sales Volume for the first quarter of 2017 averaged 10,653 BPD, in line with the production plans. For The Cash Maple Field is carrying out the Pre-FEED study for further preparation of the development plans, and completion is expected by the end of 2017
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The Barreirinhas AP1

The project is in the process of evaluating the basin’s petroleum potential through study of 3D seismic data.
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BM-ES-23

The study of petroleum potential for the preparation of the future development plan is ongoing.
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The Mozambique Rovuma Offshore Area 1

The project made progress in the negotiation of key contracts with the government of Mozambique which have now been officially promulgated and enacted, and has received official approval for the Resettlement Action Plan. The project is currently in the process of finalizing the LNG off-take agreements, and negotiating for project finance with financial institutions to support the Final Investment Decision (FID) for the project.
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Myanmar M3

The feasibility study and commercial the evaluation of resource potential are ongoing.
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Myanmar M11

The project is being assessed for the fields’ resource potential.
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Myanmar MD-7

The project is being assessed for the fields’ resource potential.
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Vietnam 16-1

The crude oil sales volume averaged 20,206 BPD. The project has begun the production of crude oil from 3 new wells as planned in order to maintain production levels, and is in the process of drilling additional appraisal and development wells that expect completion within the second quarter of 2017.
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Exploration and Production

Project Highlights Q1' 2017

The Mozambique Rovuma Offshore Area 1 The project made progress in the negotiation of key contracts with the government of Mozambique which have now been officially promulgated and enacted, and has received official approval for the Resettlement Action Plan. The project is currently in the process of finalizing the LNG off-take agreements, and negotiating for project finance with financial institutions to support the Final Investment Decision (FID) for the project.
The Algeria 433a and 416b The project production volume averaged 18,885 BPD.
BM-ES-23 The study of petroleum potential for the preparation of the future development plan is ongoing.
Myanmar MD-7 The project is being assessed for the fields’ resource potential.
Myanmar M3 The feasibility study and commercial the evaluation of resource potential are ongoing.
Algeria Hassi Bir Rekaiz The project’s development plans are being prepared to be submitted to the Algerian government within 2017.
PTTEP Australasia The Montara Field Sales Volume for the first quarter of 2017 averaged 10,653 BPD, in line with the production plans. For The Cash Maple Field is carrying out the Pre-FEED study for further preparation of the development plans, and completion is expected by the end of 2017
The Barreirinhas AP1 The project is in the process of evaluating the basin’s petroleum potential through study of 3D seismic data.
Myanmar M11 The project is being assessed for the fields’ resource potential.
Vietnam 16-1 The crude oil sales volume averaged 20,206 BPD. The project has begun the production of crude oil from 3 new wells as planned in order to maintain production levels, and is in the process of drilling additional appraisal and development wells that expect completion within the second quarter of 2017.