Kris lines up Thailand block

摘要

Singapore’s Kris Energy plans to acquire Mubadala Petroleum’s 60% operated stake in Block G3/48 in the Gulf of Thailand. The block covers 2,917sq km in shallow waters, ranging between less than 20m (66ft) and up to 50m (164ft) in the northern area of the gulf. The acreage covers five Tertiary basins: Hua Hin, North Sattakut, South Sattakut, Kra and Western.