SET Notification

Gas Discovery in Block SK438, Offshore Sarawak, Malaysia

19 May 2021

PTTEP 13061/00-3308/2021

Investor Relations
Tel. +66(0) 2537 4259, +66(0) 2537 5522

19 May 2021
The Stock Exchange of Thailand
93 Ratchadapisek Road, Din Daeng
Bangkok 10400
Dear Sir,
Subject: Gas Discovery in Block SK438, Offshore Sarawak, Malaysia
PTT Exploration and Production Public Company Limited, or PTTEP wishes to announce that PTTEP HK Offshore Limited (PTTEP HKO), a wholly-owned subsidiary of PTTEP, has successfully made a discovery of gas at the first exploration well, Kulintang-1, in Block SK438, located in offshore Sarawak, Malaysia.

Commenced in March 2021, the Kulintang-1 wildcat exploration well was successfully drilled to a total depth of 2,238 metres in April 2021. PTTEP expects to drill another exploration well in this block in the second quarter of 2021.

Block SK438 is located in the shallow waters, approximately 108 kilometres off the coast of Sarawak (Bintulu). PTTEP HKO is the operator with 80 percent participating interest while PETRONAS Carigali Sdn. Bhd. holds 20 percent interest.

Please be informed accordingly.

Sincerely yours,
Phongsthorn Thavisin
Phongsthorn Thavisin
Chief Executive Officer