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Petronas finds oil and gas off Sarawak coast
[Image: oil-rig-petronas-afp.jpg]

PETALING JAYA: Petronas’ wholly-owned subsidiary Petronas Carigali Sdn Bhd (PCSB) has discovered oil and gas at the Nahara-1 well in Block SK306, located in the shallow waters of Balingian province about 150km from Bintulu, off the coast of Sarawak.

The Nahara-1 well was successfully drilled to a total depth of 2,468 metres and encountered hydrocarbon in the Late Oligocene to Middle Miocene aged sedimentary sequences, Petronas said in a statement.

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