Pacific Hunt Energy Prepares Drilling Campaigns For Myanmar Blocks

Pacific Hunt Energy is planning a total of four exploration drilling campaigns for its Myanmar onshore blocks PSC C-1 and PSC H in the year 2018 and 2019. During the campaigns, explorations wells will be drilled with the intent to confirm the presence of hydrocarbon reservoirs. Two drilling campaigns are planned for block PSC C-1, […]

Pacific Hunt Energy Awards Seismic Contracts to BGP inc., CNPC

Singapore – August 22nd, 2017. Pacific Hunt Energy (the “Company”) is pleased to announce that it has acquired Myanmar Oil & Gas Enterprise´s approval to award 2D Land Seismic Survey Contracts for Myanmar PSC Block H and PSC Block C-1 to BGP Inc., China National Petroleum Corporation (“BGP Inc., CNPC”). The seismic land survey contracts […]

‘Romantic North’ reserves vital to domestic energy supply

Oil consumption in Myanmar is likely to double by 2025, meaning that new discoveries are essential to meet energy demand for the future without relying too heavily on imports. But some fear the dream of finding large proven reserves may not be realised. The likelihood of finding commercially viable reserves in recently awarded onshore and […]

Young Investment and Aust company get drilling permits

Two companies have received permits to drill for oil in areas in the centre and north of the country, the Ministry of Energy has said. Young Investment Group and Pacific Hunt Energy, an Australian firm, have won permission from Myanma Oil and Gas Enterprise (MOGE) and the government to drill on over 10 million acres […]

Biggest slice yet for onshore local partners

The two latest production sharing contracts for onshore oil and gas includes the biggest share yet for the local partner. Myanmar company Young Investment Group will have a 25 percent stake in onshore blocks C-1 and H, with state-owned Myanma Oil and Gas Enterprise and Young’s Canadian partners Pacific Hunt Energy Corporation controlling the rest. […]