Partners sanction more wells at Bertam offshore Malaysia

International Petroleum Corp. expects drilling of two additional infill wells to start soon on the Bertam field offshore Malaysia.

Offshore staff

VANCOUVER, CanadaInternational Petroleum Corp. (IPC) expects drilling of two additional infill wells to start soon on the Bertam field offshore Malaysia.

The company secured a rig and partner approval this summer for the campaign.

It expects the wells to achieve a breakeven price below $20/bbl, and to offset the natural decline from IPC’s other producing field assets.

11/07/2017

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