In the 19th Petroleum Concession Bidding Round of the Department of Mineral Fuels in which PTTEP Siam Limited or PTTEPS, an affiliate of PTT Exploration and Production Public Company Limited or PTTEP (shareholder of PTTEPS), submitted its proposals for Petroleum Concessions Blocks L21/48, L28/48 and L29/48. The Company announces that the Cabinet has approved the above-mentioned proposals, details as followed:
1. Concession Block L21/48, covering northeastern area of Nam Phong with the total area of 3,879 square kilometers in the northeastern province. PTTEPS (as the operator) will hold 100% interest.
2. Concession Block L28/48, covering Chonnabot and Chaturus Structures with the total area of 3,962 square kilometers in the northeastern province. PTTEPS (as the operator) will hold 100% interest.
3. Concession Block L29/48, covering Chonnabot Structures with the total area of 3,962 square kilometers in the northeastern province. PTTEPS (as the operator) will hold 100% interest.
