Thang Long Joint Operating Co discovered a new oil field at the Block 15-2/01, Hai Su Den (Black Lion) site, some 60km offshore southern Binh Thuan and Ba Ria - Vung Tau provinces.
The volume of the new oil field’s reserve has not yet been reported, according to Thang Long JOC.
Thang Long JOC, established in 2005, was a joint venture between PetroVietnam Exploration Production Corporation (PVEP) owning 40 per cent and Talisman Energy Co of Canada, holding the remaining 60 per cent.
The joint venture’s officials declined to elaborate on the discovery.
Thang Long JOC has drilled three wells at Hai Su Trang (White Merlion) Oil Field with a total output of 7.57 million tonnes of oil.
Sunday, February 22, 2009
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