KrisEnergy Ltd. provides an update on the drilling of the Rossukon-2ST sidetrack exploration well in G6/48 in the Gulf of Thailand, which was drilled following the Rossukon-2 oil and gas discovery.

Rossukon-2ST was drilled to a total depth of 7,270 feet (2,216 metres) measured depth (-5,263 feet true vertical depth subsea) at a deviation of 57 degrees. KrisEnergy’s interpretation of preliminary well logs indicates that the well intersected approximately 40 feet true vertical depth (TVD) of net oil-bearing sandstones and 100 feet TVD of net gas-bearing sandstones, over several reservoir intervals.

Chris Gibson-Robinson, Director Exploration & Production, commented: “The Rossukon-2ST exploration sidetrack has encountered the highest net pay of the three discovery wells drilled so far within the Rossukon area and also extends the area over which hydrocarbon bearing reservoirs are present some 1.8 km northwest of the original 2009 Rossukon-1 discovery well. The results are encouraging and we are in discussion with our partners about the next steps to fully determine hydrocarbon volumes in the Rossukon area.”

Tags: KrisEnergy Ltd.