The well, due to spud in 3Q, will target a potential 300-MMbbl resource (Premier operator, 50%).
Offshore Mexico, the company expects to receive final processed 3D seismic data over block 30 in 2Q. Fasttrack data already received has confirmed the prospectivity of the amplitude-supported Wahoo structure which the company aims to drill in the first half of 2021.
In Vietnam, the company is seeking regulatory approval for a two-well infill drilling program on the Chim Sao field in the Natuna Sea.
Off Indonesia, Premier is maturing prospects identified from 3D seismic over Andaman 1 and South Andaman blocks. Here it plans to drill two wells starting in 2Q 2021.
Elsewhere in Indonesia, the company has signed a Heads of Terms with an unnamed investor to farm into the Tuna PSC.
Premier would be fully carried for its share of a two-well appraisal campaign: the Tuna discoveries contain an estimated 100 MMboe.