Pacific Hunt Energy is planning a total of four exploration drilling campaigns for its Myanmar onshore blocks PSC C-1 and PSC H in the year 2018 and 2019. During the campaigns, explorations wells will be drilled with the intent to confirm the presence of hydrocarbon reservoirs.
Two drilling campaigns are planned for block PSC C-1, which will be based in the Sagaing Region. The first campaign in the block will commence in the second half of 2018 and the next campaign is scheduled to begin in 2019. For block PSC H, based in the Bago Region, two drilling campaigns are also planned. The first drilling campaign will start in the last quarter of 2018 and the second campaign is expected to begin in late 2019.
In preparation for the drilling campaigns, Pacific Hunt Energy has contracted Artelia, a qualified independent consultant, to perform Environmental Impact Assessments (EIA) on both PSC C-1 and PSC H. During the EIA process, public consultations will also be conducted in the Bago and Sagaing regions. In addition, within the next 60 days Pacific Hunt Energy will request tenders from qualified firms to provide drilling services for both blocks.
Pacific Hunt Energy has been awarded Blocks PSC C-1 and PSC H in the country’s 2013 Onshore Bidding Round. The total land acreage for both blocks totals over 42,000 sq km, providing Pacific Hunt Energy with the largest onshore oil and gas acreage position in Myanmar.