PTTEP wins rights to explore two onshore petroleum blocks covering 7,141 sq km

Corporate ActionCommodity
โดย Kaohoon·TH·Read original
Summary · why it matters

PTT Exploration and Production Public Company Limited, or PTTEP, announced through the Stock Exchange of Thailand that its subsidiary, PTTEP International Limited, has been granted the rights to explore and produce petroleum in onshore exploration blocks L1/66 and L3/66 under the Ministry of Energy's 25th bidding round, with a 100% investment stake. Both blocks are located in northeastern Thailand, near the Sin Phu Horm project, which PTTEP operates and which is currently in production. Block L1/66 covers an area of 3,223.51 square kilometres, while block L3/66 covers 3,918.22 square kilometres, for a combined area of approximately 7,141.73 square kilometres. The company will proceed to sign the concession agreements. PTTEP stated that the award of these rights aligns with its strategic plan, which focuses on investment to strengthen energy security for Thailand.

Impact on stocks 1

Energy▲ · 1 stocks

Off-coverage companies 1

PTTEP International Company LimitedPrivate▲ Positive
Regulationrelevance

PTTEP International Limited, a PTTEP subsidiary, was granted the exploration and production rights for blocks L1/66 and L3/66 with a 100% stake.

© 2026 MarketDXNews