Longboat Kertang

In anticipation of a farm-out process, Longboat commissioned ERCE to undertake a Competent Person’s Report (CPR) on the Kertang prospect in Block 2A, offshore Sarawak in Eastern Malaysia. Longboat are operator with a 52.5% interest along with Petonas Carigali (40%) and Petros (7.5%)

ERCE estimated PRMS compliant Prospective resources ranges  for the two main reservoir layers as well as two shallower amplitude driven targets located within the overburden. ERCE performed extensive geophysics analysis of the 3D seismic  across the area, as well as drawing on the companies extensive regional experience to parameterise ranges of resources and geological chance of success.

Nick Ingrassia, Longboat CEO commented he was “extremely pleased with the results of the CPR”