Woodside Reports Second Myanmar Gas Discovery

Woodside Petroleum Ltd. (ASX:WPL) announced that the Thalin-1A exploration well in Block AD-7 at the Rakhine Basin has intersected a gross gas column of about 64 meters. About 62 meters of net gas pay has been interpreted within the primary target interval.
As quoted in the press release:

The well reached a total depth of 3034m, referenced from the rig rotary table. Following drilling, wireline logging was conducted and confirmed the presence of a gas column through pressure measurements and gas sampling.
The gas discovery at Thalin-1A follows an earlier gas discovery by Woodside at the Shwe Yee Htun-1 well in Block A-6, announced on 4 January 2016.

Peter Coleman, CEO of Woodside, commented:

These results are very encouraging for future exploration and appraisal activity, given the significant footprint we have in Myanmar.
These discoveries provide evidence of the high quality of offshore Myanmar as an exploration focus area.

Click here to read the full Woodside Petroleum Ltd. (ASX:WPL) press release.