BC Petroleum receives approval for Bentara development

Kuala Lumpur: BC Petroleum announced that its plan for the initial development phase of the Bentara oil field in the Balai Cluster offshore eastern Malaysia has been approved by Petronas.

Phase 1 will use the existing wellhead platform and two wells producing from Bentara-2 and Bentara-3 through the early production vessel Balai Mutiara.

“Approval for the initial phase of the Bentara oil development is a direct outcome of the risk managed and staged pre development approach implemented by BCP to appraise and accelerate oil production from the Balai Cluster. In the process, we have also identified additional potential within the cluster area and will be proposing further study and appraisal activity in support of the next stage of potential development from Bentara and associated fields,” said Alan Linn, ceo of ROC Oil, a shareholder of BC Petroleum.

The production of the project is expected to begin during the second quarter of 2014. [27/03/14]

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