ABOUT

Our PSC H Concession

PSC H has an area of 25,744 km2. The block area extend from the Myanmar capital, Nay Pyi Taw, in the North and towards the Indaing gas field in the South.

Pacific Hunt Energy has built a robust regional database which consists of a variety of detailed studies, including a petroleum systems evaluation of the entire area, well analysis, and source rock evaluation.

These studies, integrated with recently completed regional studies and interpretation of (vintage and new) seismic data has significantly enhanced the prospectivity of the area. Strong indications of a working petroleum system, multiple plays and a suite of prospects and leads provide a truly exciting entry into the basin and future oil and gas activity in Myanmar.

Exploration Highlights

Multiple Play System

Multiple play system with the potential for stacked clastic reservoirs ranging in age from the Eocene to Oligo-Miocene, which are proven within or in close proximity to the block.

Nearby Producing Fields

The block is adjacent to two producing fields; the Indaing gas fields to the south and the Apyauk gas field located on the western flank of the block which was discovered by Shell in 1991.

Working Petroleum System

Hydrocarbon seeps occurring in the Pegu Yoma Basin in the western half of the block demonstrate a working petroleum system.

Leads and Prospects

Numerous sizeable structural and stratigraphic leads have already been identified, and this will unquestionably increase in number as more data becomes available. We believe the upside potential of this block is significant due to its size and the variety of play concepts it appears to contain, particularly, in the less deformed Sittaung Basin.

Oil and Gas

Due to source facies considerations, it is likely that this hydrocarbon province is dominantly gas-prone; however, in the northern part of the block oil plays may become more significant, as seen in the adjacent basin system to the west (Pyay Embayment).

Seismic Acquisition and Interpretation

Completed the reprocessing of aeromagnetic data and 500 km of vintage seismic data. Recent completion of 300 km of new 2D seismic and 163 km of geochemical survey and study.