TIDMSMDR 
 
RNS Number : 9931R 
Salamander Energy PLC 
10 May 2009 
 

11 May 2009 
Salamander Energy plc 
("Salamander" or the "Group") 
 
 
Operational Update 
 
 
 
 
Salamander Energy plc, the Asia focussed independent oil and gas exploration and 
production company, announces the successful completion of the recent drilling 
programme on it's operated Bualuang oil field, offshore Gulf of Thailand. 
 
 
The Vantage Emerald Driller jack up rig arrived on location on 26th March for 
the drilling campaign on the Bualuang field comprising an exploration well, two 
horizontal producers and a water disposal well. Following the completion of 
operations, the rig departed from site on May 1st. 
 
 
Both horizontal wells, BA-11H and BA-12H, have been completed in the crestal 
area of the field with downhole electric submersible pumps and expandable sand 
screens. Both wells consist of approximately 250 metre horizontal sections in a 
target zone 2 - 3 metres below top reservoir. Both have now been brought 
on-stream and the pump rates increased slowly to bed in the sand screens, clean 
up the wells and determine well productivity, which is significantly ahead of 
pre-drill estimates in both cases. 
 
 
Production rates have been tested at over 18,000 barrels of oil per day 
("bopd"), however the two horizontal producers are to be choked back to produce 
at a rate of circa 14,000 bopd, which is the optimal rate for reservoir 
management and reserves recovery. 
 
 
 
 
James Menzies, Chief Executive of Salamander, commented: 
 
 
"The successful completion of this Salamander operated drilling programme has 
resulted in a step change in production from the Bualuang oil field from these 
highly productive horizontal wells, from circa 6,000 bopd to over 14,000 bopd. 
Their performance will be monitored and incorporated into full field dynamic 
modelling, to better understand the ultimate recoverable reserves of the field. 
 
 
"We are also working to deliver first gas & condensate from our operated Kambuna 
field, offshore North Sumatra, Indonesia. The field is due to come on-stream 
around the middle of the year, and will be a contributor to the forecast jump of 
over 56% in average Group production to between 15,000 - 17,000 boepd for 2009." 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Enquiries: 
 
 
+--------------------------------------------------+-----------------------+ 
| Salamander Energy                                | 020 7960 1580         | 
+--------------------------------------------------+-----------------------+ 
| James Menzies, Chief Executive Officer           |                       | 
+--------------------------------------------------+-----------------------+ 
| Geoff Callow, Head of Corporate Affairs          |                       | 
+--------------------------------------------------+-----------------------+ 
|                                                  |                       | 
+--------------------------------------------------+-----------------------+ 
| Pelham PR                                        | 020 7337 1500         | 
+--------------------------------------------------+-----------------------+ 
| Mark Antelme                                     |                       | 
+--------------------------------------------------+-----------------------+ 
| Evgeniy Chuikov                                  |                       | 
+--------------------------------------------------+-----------------------+ 
| Henry Lerwill                                    |                       | 
+--------------------------------------------------+-----------------------+ 
 
 
 
 
 
 
About Salamander 
 
 
Salamander is an Asia focussed, independent, FTSE 250, upstream oil and gas 
exploration and production company. Salamander has a balanced portfolio of 
production, development and exploration assets with interests located in 
Indonesia, Thailand, Vietnam, Lao PDR and the Philippines. 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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