Salamander is having a very good week so far, with first gas from Kambuna http://www.investegate.co.uk/Article.aspx?id=200908110700052219X on Tuesday:

Commercial sales began on 11th August, with gas being introduced to the pipeline system for transportation to the Belawan Power Plant.

After start up, production is targeted to build to an initial plateau of 40 million standard cubic feet per day (MMscfd) of dry gas and approximately 4,000 barrels of condensate per day. Upon completion of the on-going upgrade and refurbishment of the Pertamina LPG plant at Pangkalan Brandan, up to an additional 10% of gas will be produced so that LPG's can be extracted from the gas stream.

As the productive capacity of the three production wells has been demonstrated to be comfortably in excess of 100 MMscfd and with capacity in the pipeline and processing infrastructure for additional gas supply, the Kambuna partners, Salamander and Serica Energy plc, intend to market additional quantities of gas following receipt of regulatory approval to do so.

and now a  succesful exploration well on South Sebuku, which is only 15k from Salamander's South Sembakung gas discovery which is currently being developed.  http://www.investegate.co.uk/Article.aspx?id=200908130700033594X:

The SS-1 well was drilled to a total depth of 1533 metres subsea and encountered multiple gas bearing sandstones in the Tabul and Meliat formations. Drill stem tests ('DST's') were conducted across two of the gas-bearing zones, which flowed at an aggregate rate of 10.9 MMscfd...

 

James Menzies, Chief Executive of Salamander, commented:  'We are pleased to have made a discovery which we expect to lead to our second development in the Tarakan Basin. With gas sales arrangements in place, we can proceed with appraisal and development work with a view to bringing new source production on-stream in 2011.

But news is awaited any day now from a much bigger prospect, Phu Kheng, which is targetting 1 tcf .  It spudded start of July and was quoted as being a 40 day well on a dry hole basis.

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