Ophir provides an update on its asset portfolio and an update on trading for the year ended 31 December 2015.
Ophir currently has two licences in Malaysia with a 40% non-operated interest in Block 2A and a 85% operated interest in Block PM-322.
- Entered Block 2A in March 2016
- Process 3D seismic on Block 2A. Drill or drop decision in 2H 2016
Non-operated interest in Block 2A
Block DW2A is a deepwater block located in the North Luconia Province of the Sarawak basin, Offshore Sarawak, Malaysia.
The main hydrocarbon play in the Block is the Early Miocene sub-MMU (Mid-Miocene Unconformity) Clastic Play.
Block PM-322 is located in the Melaka Straits on the Malay side of the Central Sumatra Basin, offshore West Coast Peninsular Malaysia.