Hibiscus Petroleum Makes Oil Discovery in Malaysia-Vietnam Agreement Area
Hitting nearly 151,000 feet of potential oil column, Bunga Aster-1 is the second “significant discovery” within a year in the Malaysia-Vietnam PSC.
Source: rigzone.com
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Hibiscus Petroleum makes second oil discovery from Bunga Aster exploration well offshore Malaysia, Vietnam
The Bunga Aster-1 well encountered approximately 17.5 m of oil-bearing sandstone with up to 46 m of potential oil column. Initial assessments indicate good reservoir characteristics.
Source: worldoil.com