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Salamander to sell 40% stake in Greater Bualuang area

Salamander has signed a non-binding heads of agreement with SONA to sell for $250mn a 40% interest in Thailand’s B8/38 (Bualuang field) and G4/50 concessions. As at 31 December 2013, Salamander’s estimated gross Bualuang field 2P (proven plus probable) reserves were 32.7mn barrels of oil and gross 2C (best estimate of contingent resources) were 32.3mn barrels.

News Item details


Journal title: Petroleum Review

Region: Asia-Pacific

Countries: Thailand -

Subjects: Exploration and production, Reserves

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