Mubadala Petroleum

Drilling began on the Malida-1 exploration well in Block G1/48 in the northern part of the Gulf of Thailand. The well will test for the development of the main Miocene-age interval of the Manora oil-bearing sands in an independent fault-dependent structure, east of the Manora field. The well will be drilled to a measured depth of approximately 2670 m. Mubadala Petroleum (60%) operates, with partners Tap Oil (30%) and Northern Gulf Petroleum (10%).