PTT Exploration and Production Public Company Limited (PTTEP) of Thailand announced that PTTEP Australasia (Ashmore Cartier) Pty Ltd (PTTEP AA), a wholly owned subsidiary of PTTEP, had made a successful discovery of gas and condensate at Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia. Read more
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PTTEP makes new gas discovery offshore Australia
PTT Exploration and Production Public Company Limited (PTTEP) of Thailand announced that PTTEP Australasia (Ashmore Cartier) Pty Ltd (PTTEP AA), a wholly owned subsidiary of PTTEP, had made a successful discovery of gas and condensate at Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia. Read more
PTTEP sells Montara Project
PTTEP sold its 100% stake in the Montara field to align with the company’s business strategy aimed to focus on operations and projects in the strategic locations. Read more
PTTEP sells Montara Project
PTTEP sold its 100% stake in the Montara field to align with the company’s business strategy aimed to focus on operations and projects in the strategic locations. Read more
Statement on legal action commenced in Indonesia
PTTEP is aware of reports that legal proceedings have been filed against the company by the Government of Indonesia in Jakarta. The company has not been served with proceedings and has not received any notification of the substance or extent of the claim.
PTTEP has always acted cooperatively and in good faith in our past discussions with the Government of Indonesia, and will continue to do so.
PTTEP Australasia maintains its position, based on extensive independent scientific research overseen by the Australian government, that no oil from Montara reached the shores of Indonesia and that no long-term damage was done to the environment in the Timor Sea.
The studies are publically available through both the (Australian) Department of the Environment and PTTEP Australasia websites.
For more information: http://www.au.pttep.com/sustainable-development/environmental-monitoring/