Stock dimension – PTT Exploration and Production Public Company Limited or PTTEP revealed that PTTEP HK Offshore Limited (Malaysian Branch) or PTTEP HKO, a subsidiary of PTTEP. in Malaysia New natural gas has been discovered in the Paprika-1 exploration well, the second exploration well of Malaysia’s SK410B Project, Sarawak offshore. Malaysia
PTTEP began drilling the Paprika-1 exploration well in July 2022. At a depth of 3,348 meters, natural gas has been found in sedimentary rocks at a satisfactory level, which PTTEP is studying and evaluating further. to plan further development
For Malaysia SK410B project, it is located in shallow water. There are about 90 kilometers of Sarawak’s coastline, covering an area of 1,870 square kilometers. Its joint venture partners include PTTEP HKO (operator), KUFPEC Malaysia and PETRONAS Carigali SDn Bhd. hold 42.5%, 42.5% and 15% respectively.