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Northbridge Industrial Services Plc

PTTEP Makes Gas Discovery Offshore Australia

PTT Exploration and Production Public Company Limited (PTTEP) has made a new gas discovery offshore Australia.

The find was made through the Orchid-1 exploration well, which is located in the Timor Sea. Starting in January this year, the drilling of Orchid-1 was undertaken to a total depth of 9,596 feet. The well encountered gas and condensate, with the net pay thickness around 111 feet.

 

Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.

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