Petrogas begins Malaysia onshore 2D seismic survey

Submitted by Paddy Harris on Mon, 2014-06-30 08:30

30th June 2014

RH Petrogas Limited has declared that its wholly owned subsidiary RHP (Mukah) has commenced the acquisition of approximately 550 line kilometres of 2D seismic survey in Block SK331 onshore Sarawak

Petrogas begins Malaysia onshore 2D seismic survey

The survey is expected to be completed in November 2014

Block SK331 is a large block covering an area of 11,600 square kilometres. The design and layout of the 2D seismic survey is based on the results of the 12,414 line kilometres of full tensor gradiometry survey conducted in 2013 and of the reprocessing of old seismic lines within the block.

Through the results of this new 2D seismic survey, the company is targeting to further evaluate several identified leads in order to upgrade and mature one or more of them into prospective candidates for exploration drilling.

RHP (Mukah) is the operator of Block SK331 and holds an 80 per cent working interest in the block. Its partner is Petronas Carigali which has a 20 per cent working interest and is owned by Petroliam Nasional Berhad, the national oil company of Malaysia which is vested with the entire ownership and control of the petroleum resources in the country.

The survey is expected to be completed in November 2014.