We were awarded blocks 125 & 126 in 2017. Multiple structural and stratigraphic plays are observed on the existing 2D seismic data. Interpretation of the available data indicates there is good potential for source, expulsion and migration of oil with numerous probable reservoir and seal intervals.

We are delighted to publish the independent report prepared by ERCE on Blocks 125 & 126 in Vietnam which makes estimates of prospective oil resources with an aggregated gross unrisked Mean of 13,328 MMstb, covering those Prospects and Leads already identified. The full report can be found here.

On Blocks 125 & 126, a two-year PSC extension was granted by MOIT on 13 June 2023, extending the first exploration period of the PSC to 8 November 2025.