Malaysia Block 2A

block 2a is located offshore sarawak. the block is yet to be drilled with the nearest discovery being located approximately 70km to the east. work to date on the block has identified a number of very large structural closures at prospective levels, consistent with known regional plays in this prolific part of the basin.

Joint Technical Study

Coro Energy has an agreement with PETRONAS to conduct a joint technical study over Block 2A, offshore Sarawak, Malaysia. Coro will conduct an extensive technical analysis of the acreage, using recently acquired high quality 3D seismic data together with extensive regional well data, in order to assess the petroleum potential of the acreage. Should it so choose, Coro will have the right to apply for a Production Sharing Contract for the block.

Central Luconia Province

The Central Luconia Province is one of the most prolific hydrocarbon basins offshore Malaysia and is home to numerous large and giant oil & gas fields. The early shallow water gas discoveries made in the l970's and 80's resulted in the commissioning and subsequent expansion of the world-scale Bintulu LNG plant . More recently, the Province has been a standout exploration success story in SE Asia, having seen a string of successful exploration results from the deeper water, resulting in multi-Tcf volumes of gas being discovered during the past five years.