The Group’s Malaysian operations include its PM8 Extension Production Sharing Contract, consisting of the PM8 and Seligi Fields.
PM8/Seligi
The PM8/Seligi asset has delivered strong production performance due to improved production efficiency, a focus on asset integrity and the successful idle well restoration activities completed, since the Group assumed operatorship and a 50% working interest in 2014.
A successful well workover campaign was executed during 2022 and the Group’s first horizontal wells at PM8/Seligi were also brought on stream during the year. The Group, on behalf of the PSC parties, has agreed to provide associated Seligi gas for sale through existing infrastructure from 1 May 2023 and continues to evaluate opportunities for further development.
