PSC TL-OT-17-08
The PSCs establish a 50:50 joint venture between TIMOR GAP ONSHORE BLOCK & TIMOR GAP ONSHORE BLOCK C and its partner Timor Resources, with the latter assuming the Operatorship. Both parties committed to a 7 years Exploration Work Programme with Minimum Exploration Work Requirements covering technical studies, Geology and Geophysical studies, Environmental Impact Assessment (EIA), Environmental Management Plan, 2D seismic data planning and execution, and a drilling commitment to a minimum cumulative depth of 2000 meters during the Initial Period. Pursuant to the Minimum Exploration Work Requirements set for the Initial Period, that stipulates the acquisition, processing and interpretation of 100 kilometers 2D Seismic Survey, the onshore Vibroseis Fafulu 2D Seismic Acquisition Survey was conducted and concluded in 2018 in Block A, with the acquisition of 186km of seismic data. The 2D seismic data acquired during this survey was processed and interpreted during 2019, with the findings confirming the existence of several prospective structures within the permit area.
TIMOR GAP ONSHORE BLOCK and its partner Timor Resources are finalizing the preparation for the drilling campaign within the Block A permit, which is expected to commence in early 2020. The campaign anticipates the drilling of up to five exploration wells corresponding to the prospects of Karau, Kumbili (with a dual target), Laisapi, Lafaek and Raiketan. The proposed exploration wells are located on the coastal fringe between Suai in the west and Zumalai in the east, and up to 7km inland from the coastline. The wells will be sited within three Administrative Posts, Suai, Maucatar and Zumalai, in Covalima Municipality. The drilling program is designed to test three types of plays within the onshore acreage, maximizing the potential for a commercial discovery, namely: Pliocene-Pleistocene age Viqueque Formation within the syn-orogenic basinal section; “Lower Allochthon” (Permian-Eocene) succession; and Triassic-Jurassic age Babulu/Aitutu and Wai-Luli Formations beneath a regional metamorphic over thrust. Following a competitive tender, Eastern Drilling Services was awarded a contract for the provision of a drilling rig and associated services for this drilling campaign. Karau-1, the first well in the campaign, will be drilled to 1,080m depth, targeting an approximately 430 meters thick gross reservoir interval in the Viqueque Formation. The five-well drilling campaign marks the first onshore drilling in Timor-Leste since 1972, a significant achievement that we are looking forward to commence with the potential to bring substantial value to the project stakeholders.
WHAT'S New
TIMOR GAP E.P., the National Oil Company of Timor-Leste, is seeking an experienced consultant to assist the Project Team in the supervision of Feasibility Study and FEED for a Petroleum Import Terminal (PIT). The role will be based in Dili, Timor-Leste, read more...
PUBLIC TENDER ADVERTISEMENT INVITATION FOR BID (IFB) TIMOR GAP, E.P, through Procurement Department would like to announce the public tender as follow; No IFB No. IFB Title Closing Date 1 TG-VPU-IFB-022-003 Supply and Delivery of ICT equipment to TIMOR read more...
TIMOR GAP, E.P, through Procurement Department would like to announce the public tender as follow; No IFB No. IFB Title Closing Date 1 TG-TMP-IFB-022-004 Construction of TIMOR GAP Infrastructure Operational Base in Suai Date: 20 June 2022 Time: 16:00 PM read more...
Ref. no.: TG/VPU/PROC/022.027 Date: 27th June 2022 INTEND TO AWARD TIMOR GAP, E.P., would like to announce it’s intended to award the contract to the following successful bidder; Tender Reference # Description Winning Bidder Contract Price (USD) TG-VPU- read more...
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BULLETIN OIL AND GAS
Timor-Leste’s vision for the future, initially laid out in the 2011−30 Strategic Development Plan, is slowly taking form as the country’s infrastructure is rebuilt and new opportunities for private investment emerge. View read more...
TIMOR GAP, E.P. is pleased to share news of the past year's successes in the Company’s Annual Report. We encourage all the communities, stakeholders and other relevant institutions to take a moment to read our annual report, sharing information about th read more...
Newsletters for July, August and September 2018 are AVAILABLE. Welcome to TIMOR GAP, E.P. newsletter. We hope you enjoy our sharing with you what we are doing in the Oil and Gas business activities. For more information please see our newsletter in PDF read more...
