PTTEP Australia is a wholly-owned subsidiary of PTT Exploration and Production Public Company Limited (PTTEP), the Thai national petroleum exploration and production company.
Listed on the Thai Stock Exchange, PTTEP operates more than 40 projects globally. Find out more about our global operations here.
In Australia, PTTEP maintains a 100% interest in the highly prospective Cash Maple gas and condensate field, as well as a number of other exploration permits and retention leases in Australian Commonwealth waters.
PTTEP plans to commercialise the highly prospective Cash Maple gas and condensate field in the Timor Sea off northern Western Australia.
The Cash-Maple project contains an estimated 3.5 TCF of resources.
Cash Maple is located approximately 680km west of Darwin and 700km northeast of Broome.
Development of the gas fields will require a multi-billion dollar investment.
Drilling from the Cash-2 and Maple-2 appraisal wells in September 2011 and July 2012 respectively, provided encouraging results indicating a larger gas resource than previously projected.
In 2019, the Orchid-1 exploration well encountered gas and condensate with net pay thickness around 34 metres. The result is in line with PTTEP’s expectation and will be incorporated into development planning.
Class Action judgment, Sanda v PTTEP Australasia in Australia
19 March 2021
PTTEP acknowledges the decision of the Federal Court of Australia but is disappointed in the outcome.
PTTEP emphasises the judgment relates to Mr Sanda’s claim, and that the claims of all the Group Members are statute barred and must be determined separately.
The court’s decision does not negate the requirement for individuals to demonstrate their actual loss and damage.
PTTEP is carefully considering the judgment and the available avenues of appeal.
Media contact: Tim Larcombe firstname.lastname@example.org
Update: Class Action against PTTEP Australasia in Australia
14 June 2019
PTTEP Australasia (Ashmore Cartier) Pty Ltd has no comment on the matter at this time as it is currently before the Australian courts.
See the 2013 Report of Research for more information (8.9Mb).
Montara Environmental Monitoring Program – 2009-2013: A Voyage of Discovery
PTTEP makes new gas discovery offshore Australia
8 March 2019
PTT Exploration and Production Public Company Limited (PTTEP) of Thailand announced that PTTEP Australasia (Ashmore Cartier) Pty Ltd, 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
16 July 2018
PTTEP Australasia (Ashmore Cartier) Pty Ltd 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
Perth, Western Australia
Level 5, 225 St Georges Terrace
Perth WA 6000
Telephone: +61 08 9483 9483
PTTEP Head Office, Bangkok, Thailand
PTT Exploration and Production Public Company Limited
Energy Complex Building A
6th Floor & 19th – 36th Floor
555/1 Vibhavadi Rangsit Road
Bangkok 10900 Thailand
Telephone: +66 0 2537 4000