Sapura Makes Ninth Discovery Offshore Malaysia

Sapura Exploration and Production (Sapura E&P), a unit of Malaysia’s Sapura Energy, and its partners Sarawak Shell and Petronas, have made ninth gas discovery offshore Sarawak.

This discovery following the completion of the 2017 drilling campaign within the SK408 production sharing contract. The Pepulut-1 exploration well was drilled and encountered high quality reservoir, Sapura said. The well is located offshore Bintulu, Sarawak, Malaysia in Block SK408. “This successful gas discovery is attributed to the strength and capabilities of our exploration, subsurface and drilling teams whose combined expertise has resulted in a number of significant discoveries. This series of successful results is founded on our work in understanding the geologic fundamentals of the region” said Tan Sri Dato’ Seri Shahril Shamsuddin, Sapura Energy CEO.

Sapura believes that the Pepulut-1 discovery is another significant milestone for the company following the recent announcement of its development plans for Gorek, Larak and Bakong fields as phase one in the SK408 PSC.

“In line with our strategy to unlock the value of our gas fields and enhance long-term earnings visibility of our E&P business, we will focus on realising the full potential of our highly prospective gas fields in SK408 and strengthening our E&P portfolio” Tan Sri said.