Santos in major Malaysia discovery

SANTOS, its PNG LNG partner JX Nippon and Inpex have made a “significant” oil discovery at the Bestari-1 exploration well in the Deepwater Block R production sharing contract offshore Malaysia.

The discovery, near Murphy Oil's Kikeh and Shell's Gumusut-Kakap oilfields, is being evaluated with a view to planning an appraisal campaign.

Block R is located in water depths ranging from 100-1400m.

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