Thang Long Joint Operating Co. has announced a new oil discovery at the Te Giac Trang well in Block 15-2/01 off Vung Tau.
|Te Giac Trang well off Vung Tau|
The deposit was found at a depth of 2,700 meters and could yield 5,000 barrels a day.
The company will drill three more wells to evaluate the potential of Block 15-2/01.
Thang Long Joint Operating Co. is a 60-40 joint venture between Canada's Talisman and Petro Vietnam.