is this the same news released by thai news , page-3

I have found the article. Don't think they were referring to the same well L44H-D1.

New oil field found in northern Thailand
PHETCHABUN, Nov 18 (TNA) -- Pan Orient Energy (Thailand) Ltd., a Canadian energy firm, has found an additional oil field with a volume of about 5,000 barrels per day in its concession area in the northern province of Phetchabun, said a senior Energy Ministry official.

Krairit Nilkuha, director-general of Mineral Fuels Department, said the discovery was made during a recent survey by the company in its Wichian Buri concession area.

Currently, the company is producing between 600-700 barrels of oil per day from the same area, said Mr. Krairit, adding that the new oil field would help lower oil imports by Thailand.

The Energy Ministry has given a concession of 65 plots for a survey of oil and gas to companies and it is expected that around Bt3-4 billion baht would be spent as exploration expenses within the next three or four years. (TNA) – E111


Business News : Last Update : 19:20:19 18 November 2550 (GMT+7:00)