Woodside expands Myanmar drilling program to five wells | Offshore Energy Today

Woodside expands Myanmar drilling program to five wellsAustralian oil and gas player Woodside is expanding its offshore drilling program in Myanmar following some positive results. The company had said in 2016 that it would drill at least four wells offshore Myanmar.However, in a presentation on Thursday, Woodside said that it would add another firm well to its program in Myanmar for 2017.Woodside CEO Peter Coleman said: β€œIn Myanmar, our interpretation of seismic data has identified an additional low-cost exploration target with upside potential in Block A-6, which contains the Shwe Yee Htun-1 discovery. This increases our Myanmar firm well schedule for 2017 to five.β€œ

Source: Woodside expands Myanmar drilling program to five wells | Offshore Energy Today