brief comment

A trading and operations update put out by Premier Oil today (9th July) has a little section on the Vietnam operation.

Nothing that we don't already know but for what it is worth here it is :

" As previously announced, the Cá Rong Ðo well on Block 07/03 in Vietnam intersected approximately 90m net oil and gas pay within multiple stacked reservoir layers. Drill stem tests were run over two of these reservoir zones, testing oil at a combined rate of 3,265 bopd, together with 8.1 mmscfd of gas on a 48/64" choke. Planning is advanced for a 3D survey to identify locations of on-trend structures for drilling in 2010. In the meantime, a second exploration well on the block is planned for November."