"We are extremely pleased with the results of the drilling operation," said Pacific Tiger president and CEO, Michael Cvetanovic. "The horizontal and multi-lateral well bores have allowed us to maximise the amount of reservoir penetrated by the drill bit. We have intersected a gross total of 2,000 metres of F and G reservoir sequences in the four horizontal and multi-lateral well bores."

According to the numbers released by the company, well WB N8's bores have a combined net horizontal pay of around 400 metres. Drilling date indicated net pay on the N8 Leg 3 well bore along is around 150 metres with the intersected sandstone alone constituting good reservoir with good oil saturation. Leg 1 of the well was not drilled due to operational concerns on the N8 Leg 1's conditions.

"With three very good looking well bores already drilled in N8, we made a decision to terminate drilling and run the liner which will ensure that we can carry out extensive testing of the well," explained Cvetanovic on the decision to forego the hole's drilling.

Well WB N7, on the other hand, is located north and up dip of the Wichian Buri oil pool. It is the most northerly well drilled by Pacific Tiger to date and is the first of the company's L44/43 exploration license to be drilled on the southern flank of the Chang Nga Dam structure. It is being seen as a potential earner plus the basis for applying for a third production license for areas to the north of L44/43.