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Algeria 433a & 416b Project

The project average production volumes is at 17,428 BPD.

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Algeria Hassi Bir Rekaiz Project

The project’s development plan has been approved by the Algerian government in April 2018. The project’s development plan is divided into 2 phases. The first phase capacity of around 10,000-13,000 BPD is expected to start production within 2020 with a plan for the second phase production capacity ramping up to around 50,000-60,000 BPD in 2024.

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PTTEP Australasia Project

Montara Field sales volume averaged 7,252 BPD. Cash Maple Field is under the evaluation of appropriated development plan. AC/P54 Field is under preparation of exploration drilling plan.

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Barreirinhas AP1 Project

The project continues studying the petroleum potential for future development plan.

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Brazil BM-ES-23 Project

The project continues studying the petroleum potential for future development plan.

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Mariana Oil Sands Project

The project is under the consideration of development plan to suit with current circumstance.

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Sarawak SK410B Project

The project is assessing the fields’ resource potential and under preparation of exploration drilling campaign.

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Sarawak SK417 Project

The project is under preparation of exploration activities.

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Sarawak SK438 Project

The project is under preparation of exploration activities.

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Mexico block 29 (2.4) Project

The projects is under preparation of exploration plan to the Mexico National Commission Hydrocarbon.

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Mexico block 12 (2.4) Project

The projects is under preparation of exploration plan to the Mexico National Commission Hydrocarbon.

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Mozambique Rovuma Offshore Area 1 Project

The project has made a significant progress during Q3, 2018 including the site preparation activities to support onshore LNG liquefaction plant construction, the completion of contractor selection for offshore installation. The project is under negotiation on construction agreement of onshore LNG liquefaction plant and the finalization and signing of other long term LNG Sale and Purchase Agreements (SPAs) with potential buyers. In parallel, the project is negotiating for project finance with financial institutions in order to support the Final Investment Decision (FID) in the 1H2019.

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Zawtika Project

The project has completed production drilling from 2 out of 4 production platforms in Phase 1C to maintain the production level. In Q3, 2018, natural gas sales averaged 296 MMSCFD (approximately 47,329 BOED) which slightly lower than planned due to monsoon floods and the use of hydropower, instead of natural gas, to generate electricity. However, it is anticipated that the average production volume will reach the level as planned for Year 2018.

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Myanmar M3 Project

The project is in the process of commercial framework discussion with the Government of Myanmar.

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Myanmar MD-7 Project

The project is under preparation of exploration drilling plan.

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Myanmar M11 Project

The project is under preparation of exploration drilling plan and is seeking partners to manage the project’s risk.

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Myanmar MOGE 3 Project

The project is under preparation of drilling an exploration well that expected to start the drilling within Q4, 2018.

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Vietnam 16-1 Project

The project is drilling additional production wells to maintain production plateau. In Q3, 2018, crude oil and natural gas sales averaged 15,816 BPD and 8 MMSCFD (approximately 1,734 BOED) respectively.

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Vietnam B & 48/95 Project

The project has been granted approval for the Field Development Plan and are under the negotiation process on commercial terms in order to push forward the Final Investment Decision (FID), targeting first production by the end of 2022 with ramping up capacity to 490 MMSCFD.

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Vietnam 52/97 Project

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Bongkot Project

The project maintained the production level as planned. PTTEP has submitted bid proposals for Bongkot and Erawan expiring concessions. The bidding result is expected to announce within the end of 2018.

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Contract 4

The project is in the process of pre-development with expected first production of oil and natural gas by 2022 at planned capacity of 25,000 BPD and 50 MMSCFD (approximately 8,300 BOED), respectively.

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