More Oil Found off Vung Tau

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.

Source: TN - Translated by Uyen Phuong

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