SEAOIL Aims for Multi-Well Exploration/Appraisal Drilling to Increase Oil Production

Sea Oil Public Company Limited (SEAOIL) informed Pan Orient Energy (Siam) Ltd.(POES) has been approved the DD Production License (PL) concession number L53/48 of 2.2 square kilometers in Suphan Buri province on April 25,2019.

SEAOIL has been informed by POSE that the oil could be produced from its concession L53-DD from April 27 to May 6, 2019 with 2,468 BOPD.

Moreover, POES currently focuses on a multi-well exploration/appraisal drilling program in the L53-DD and L53-B fields that is expected to commence in late July 2019 and will be completed the end of 2019.