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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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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