Drilling has commenced at the Rossukon-3 exploration well in the G6/48 contract area in the Gulf of Thailand.

In May 2014, KrisEnergy took over operations at G6/48. It holds a 30% working interest in the concession, while Northern Gulf Petroleum and Mubadala Petroleum hold 40% and 30% stakes respectively.

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This is the third exploration well to be drilled in the G6/48 area in 2015, after a review of Rossukon-2 and Rossukon-2ST.

"This is the third exploration well to be drilled in the G6/48 area in 2015, after a review of Rossukon-2 and Rossukon-2ST."

Drilling at Rossukon-3 is being carried out by the Key Gibraltar jackup rig, which is owned by 7Shelf Drilling.

Rossukon-2ST was drilled to a total depth of 2,216m, at a deviation of 57 degrees, while Rossukon-2 was drilled to a total depth of 5,460ft.

Located 1.9km west of the Rossukon-2 well, and 1.8km from the initial Rossukon-1 discovery well, Rossukon-3 will be drilled to a total depth of 2,276m.

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The drilling will help in testing for early Miocene fluvial sandstones.

Located in the north of the G10/48 licence, G6/48 encompasses 566km2 over the Karawake Basin.

KrisEnergy is developing the Wassana oil field on the G10/48 licence.

KrisEnergy has contracted the Key Gibraltar rig for six months for its Thai drilling program, which includes the latest Rossukon series of wells in G6/48, and 15 development wells in the Wassana oil field.