Salamander Energy has begun its multi-well exploration program in Block G4/50 in the Gulf of Thailand.

The company owns 100% operated interest in the block, which surrounds the B8/38 Production Licence that contains the Bualuang oil field.

Covering more than 5,800km², the G4/50 block contains five sub-basins of which four have a proven oil source.

Over 60 prospects have been mapped on 3D seismic containing mean prospective recoverable resources in the 20 million barrels of oil (MMbo) to 150MMbo range.

Salamander has plans to spud six exploration wells in G4/50 block during 2013 and will continue exploration drilling in 2014.

The first well G4/50-4 was drilled on 27 June and is being drilled on the Rayong prospect targeting oil in Miocene sandstones and
Permian Ratburi carbonates that are estimated to contain between 20MMbo and 50MMbo of prospective recoverable resource.

G4/50-4 well will be drilled to about 2,000m total vertical depth sub-sea using the Atwood Mako jack up rig.