Salamander Energy plc began its six-well exploration program in block G4/50, Gulf of Thailand. The first well, G4/50-4, was spudded at the end of June. It is being drilled on the Rayong prospect in the northeast section of the block in the central Kra sub-basin. The well is drilling to about 2000m TVD subsea using the Atwood Mako jackup and is targeting Miocene sandstones and Permian Ratburi carbonates with 20-50MMbo of recoverable resource.
Block G4/50 covers over 5,800 sq km and contains five sub-basins, four of which have a proven oil source. Salamander has a 100% operated interest in block G4/50.