The well has been drilled to a depth of 8,100ft into an upthrown fault block adjacent to the recent discovery in the Bua Ban North A-01 well.
The A-02 well encountered 205ft of net sand in the Eocene interval, which appears to have good reservoir characteristics and logging data indicates an oil gradient, but the results were inconclusive and fluid samples were not obtainable.
The company said that the commerciality of the well is uncertain until it can be flow tested.
The company plans to perforate and test the interval once suitable testing facilities have been installed.
However, the company had spudded the Bua Ban North A-04, testing sands relative to the A-01 well, along with a step-out of the Upper Oligocene discovery from the A-01 well.
The company plans to drill an additional two to three appraisal/development wells at Bua Ban North A following the A-04 well, and was moving a mobile offshore production unit there to start extended production tests in May.
