PTTEP completed construction and started test run of Greater Bongkot South.

Mr. Anon Sirisaengtaksin (นายอนนต์ สิริแสงทักษิณ), the President and CEO of PTT Exploration and Production Public Company Limited or PTTEP has revealed that Greater Bongkot South field (GBS) is the major field in Bongkot Project, which already completed construction as plan. The test run of processing facility started in March. Currently, PTTEP delivers gas at the rate of 50 – 70 million cubic feet per day (MMSCFD) and condensate at the rate of 3,000 – 4,000 barrels per day (bpd). PTTEP expects the gas production rate will ramp up to 320 MMSCFD as the Daily Contractual Quantity (DCQ) and 9,000 bpd of condensate within the second quarter of this year. GBS has been developed since 2008. Its processing production platform has a capacity of 350 MMSCFD of natural gas and 9,000 bpd of condensate. These production rates will increase overall Bongkot production capacity to over 900 MMSCFD which will served about 20% of Thailand natural gas demand. GBS is a major natural gas field in the Gulf of Thailand. It is located in Navamindra Petroleum Area, about 203 kilometers off the coast of Songkhla province. It consists of Central Processing Platform, Living Quarter Platform and 13 Wellhead Platforms. The field is operated by PTTEP with 44.4445% interest. The remaining stakes are owned by Total E&P Thailand Company Limited (33.3333%) and BG Asia Pacific Pte. Limited (22.2222%).-KP-

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