PTTEP drops Myanmar exploration block

May 18, 2011
PTTEP International Ltd. has relinquished the entire exploration block M4 in the Gulf of Martaban offshore Myanmar.

Offshore staff

BANGKOK, Thailand – PTTEP International Ltd. has relinquished the entire exploration block M4 in the Gulf of Martaban offshore Myanmar. PTTEP has completed its exploration work commitment on the tract.

PTTEP retains three exploration projects, Myanmar M3, M7, and M11; one development project, Myanmar Zawtika, which is expected to begin production in 2013; and two joint ventures now in production, Yadana and Yetagun projects.

05/18/2011