MPRL E&P starts drilling for Pyi Thit well-1

According to MPRL E&P, Pyi Thit Well 1 in offshore Block A-6 was spudded to appraise gas reserves and prospects. The British Virgin Island-registered MPRL E&P signed a production sharing contract (PSC) with Myanma Oil and Gas Enterprise (MOGE) in January 2007 for oil and gas exploration in Block A-6. The company has been drilling […]

Tap Oil Signs PSC for Block M-7, Brings Myanmar 2013 Bid Round to a Close

Australia’s Tap Oil Limited signed Wednesday a Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin, Myanmar, formally bringing to a close the 20 blocks awarded by the Ministry of Energy under the 2013 Myanmar Bid Round. Tap Oil owns a 95 percent operating interest in Block M-7 through its […]