Recently, H.E. U Than Htay, the Minister of Energy of the Union of Myanmar (Center) and Mr. Kanok Intharawijitr, General Manager PTTEP International Ltd. a subsidiary of PTT Exploration and Production Plc. or PTTEP jointly opened the testing valve on the drilling rig of the exploration well Aung Sinkha-2 in Mataban Gulf, Union of Myanmar, to examine the natural gas and condensate flow rate of M3 Block which shown substantial gas flow. ,
The flow tests were conducted on two zones with a natural gas maximum flow rate of approximately 25 million standard cubic feet per day (MMSCFD) with the condensate flow rate of approximately 150 barrels per day and calculated Absolute Open Flow (AOF) rate of approximately 53.5 million standard cubic feet per day. (MMSCFD)
PTTEP is a national petroleum exploration and production company dedicating to provide a sustainable petroleum supply to Thailand and the countries they operate as well to bring in foreign exchange earnings to Thailand.
A top-ten publicly-listed company in the Stock Exchange of Thailand, PTTEP operates more than 40 projects around the world and has a workforce of over 3,000.
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Source:PTTEP , May 19, 2011;