PSC Awarded To Salamander

UK independent Salamander Energy has signed a production sharing contract (PSC) with PetroVietnam for the exploration of the Cuu Long River Delta Block Number One (DBSCL1). The PSC covers 8,300sq km on- and offshore in the southern provinces of Tra Vinh, Soc Trang and Bac Lieu. Salamander will operate the block with a 100% working interest and plans to begin seismic acquisition this year before starting exploration drilling in 2008.

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