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Algeria 433a and 416b Project

The project production volume averaged 17,172 BPD.
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PTTEP Australasia Project

The Montara Field Sales Volume for the second quarter of 2017 averaged 9,911 BPD which was slightly lower than the production plans due to the cyclone season in April and May 2017 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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Mariana Oil Sands Project

The project completed Pre-FEED study and is in the process of reviewing the development plan with focus on cost reduction and risk mitigation.
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Sarawak SK410B Project

The project is carrying out 3D seismic activities.
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Mozambique Rovuma Offshore Area 1 Project

The project made progress in the receiving official approval on marine concessions from the government of Mozambique, and the resettlement plan is in the preparation phase. 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) of the project.
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Zawtika Project

The project has maintained its production as planned, and continued drilling the additional development wells in Phase 1B and constructing 4 wellhead platforms in Phase 1C to maintain the production plateau. The current gas sales volume was 327 MMSCFD (approximately 52,058 BOED).
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Myanmar M3 Project

The feasibility study and the commercial evaluation of resource potential are ongoing.
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Myanmar MOGE-3 Project

The project completed 2D and 3D seismic campaign and is being assessed for the project’s resources potential and prospects.
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Vietnam 16-1 Project

The crude oil sales volume averaged 22,247 BPD. The project has begun production of crude oil from 1 additional development well as planned, and is in the process of drilling 1 appraisal well in order to maintain its production level.
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Phase

Production

Investment Type

PTTEP as Operator

Exploration and Production

PTTEP Australasia Project
Type of Business Exploration and Production
Concessions Blocks AC/L1, AC/L2, AC/L3, AC/L7, AC/L8, AC/RL4, AC/RL5, AC/RL6, AC/RL7, AC/RL10, AC/RL12 and AC/P54
Area Jabiru and Challis (1,956 sq.km.), Montara (4,765 sq.km.), Cash/Maple (420 sq.km.), Oliver (170 sq.km.)
Location Timor Sea, Offshore, Western Australia
Operator Please see “Partners & Share” below
Petroleum Fields -
Type of Petroleum Natural gas, crude oil and condensate
Signing Date
Production Start-up
Phase Production
Investment Type PTTEP as Operator

Partners & Share

Blocks AC/L1, AC/L2, AC/L3, AC/L7, AC/L8, AC/RL7, AC/RL12 and AC/P54

PTTEP Australasia (Ashmore Cartier) Pty Ltd (PTTEP AAA) (Operator)
100%

Blocks AC/RL4 and AC/RL5

PTTEP Australia Timor Sea Pty Ltd (PTTEP AT) (Operator)
100%

Block AC/RL6

PTTEP Australia Timor Sea Pty Ltd (PTTEP AT) (Operator)
100%

Block AC/RL10

PTTEP Australia Timor Sea Pty Ltd (PTTEP AT) (Operator)
90%
Bengal Energy Ltd
10%

Project Progress :

Year :

2016

Quarter 1

The Montara Field Production averaged 18,146 BPD

Quarter 2

The Montara Field Production averaged 14,135 BPD

Quarter 3

The Montara Field Sales volume average 12,732 BPD

The Cash Maple Field, received the approval from the Australian’s government to extend “Retention Lease Period” for another 5 year (2017-2021).  The project is also in discussion with operators of nearby fields to create joint-development plans

Quarter 4 The Montara Field Sales Volume for 2016  averaged 14,655 BPD

2017

Quarter 1

The Montara Field Sales Volume for the first quarter of 2017 averaged 10,653 BPD, in line with the production plans
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

Quarter 2

The Montara Field Sales Volume for the second quarter of 2017 averaged 9,911 BPD which was slightly lower than the production plans due to the cyclone season in April and May 2017
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