CAOG Pte Ltd, a fully-owned subsidiary of Berlanga International, continues to offer farm-in opportunity in the onshore block MOGE-4, located in the Pyay Embayment (Central Burma Basin), in late May 2018. Â In February 2018, the company received MOGEâs approval for a two-year extension of the exploration period for the block. With the extension, the expiry of the exploration period has been pushed from 1 December 2018 to 30 November 2020.  The request for extension was submitted by the operator in late August 2017. The first three-year exploration period for the block commenced from 1 December 2015.  The company has planned to drill up to two wells in the block. Each well is expected to be drilled to a TD not exceeding 2,500 m, and could potentially target the Lower Miocene carbonates of the Pyawbwe Formation, analogue to the nearby Htantabin field, and the Upper Oligocene sandstones of the Okhmintaung Formation.  The MOGE-4 block is believed to be oil-prone, and is located near existing facilities serving producing fields in the area. A total of 390 km of 2D data was acquired by contractor AlphaGeo (India) Limited.  The block was offered as part of the Myanmar 2013 Onshore Bidding Round. Luxemburg-based CAOG and local partner AOEX Geo Services Co Ltd were announced as winners of the block in October 2013, and a PSC was officially signed in September 2014. CAOG holds 94.5% operating interest in the block while Apex Geo Services holds the remaining 5.5%. The farm-in opportunity was first offered in December 2015.  A data room is available in Yangon. Interested parties may contact:  Hans Braakman - hans.braakman@berlanga-group.com    Tom Kelly - tom.kelly@berlanga-group.com    Background Information    Block MOGE-4, covering 912 sq km, is located in the Myintha area, in the southern part of the Pyay Embayment Sub-basin. The block is one of the blocks offered in Myanmar first bidding round in 2011 and was initially awarded to Tianjin New Highland petroleum Co and SUNTECH Company in late December 2012. The official PSC was not awarded for unknown reason, but most likely the PSC terms and discussion did not went through.    The block was last operated by MOGE since 7 March 2005. The block contains the Htantabin field, discovered in 1981 by MOC. The field was brought onstream in November 1981 and produced approximately 550 Mb until 1987. Subsequently, the field was believed to produce intermittently at a very low rate of around 10 bo/d and 1,000 Mscf/d. The field production was reportedly suspended as of March 2009. The field main reservoir is constituted by fractured limestones within the Pyawbwe Formation. At least 22 appraisal and development wells have been drilled on the field. MOGE also acquired a total of 94km of seismic lines over the field during 1998, and further 78km of 2D data from January to June 1999.    In addition to the Htantabin discovery, four other new-field wildcats have been drilled in the block. Two dry wells, Htantaung 1 and Myintha 1, were drilled by unknown operators in the central part of the block. Between 1991 and 1992, MOGE drilled Chinmyaung 1 to a depth of 3,116m. The well was tested over several intervals but only encountered gas shows. In 2000, MOGE drilled the Kansei 1 wildcat to a TD of 1,591m. The well, located about 3km east of the Htantabin field, is assumed to be dry.
CAOG Pte Ltd, a fully-owned subsidiary of Berlanga International, continues to offer farm-in opportunity in the onshore block MOGE-4, located in the Pyay Embayment (Central Burma Basin), in late May 2018. 