Harbour Energy plc is pleased to note operator Mubadala Energy’s announcement that the Layaran-1 well has made a significant gas discovery on the South Andaman licence (Harbour 20 per cent), offshore North Sumatra, Indonesia.

Layaran-1 is the first of a four well exploration campaign targeting the same Oligocene play as the successful Timpan-1 well drilled on Andaman II (Harbour operator, 40 per cent) in 2022.

The rig will now move to drill the Harbour operated Halwa and Gayo wells on Andaman II.

The partners in the South Andaman II licence are Mubadala Energy (operator, 80 per cent interest) and Premier Oil South Andaman Limited, a Harbour Energy Company (20 per cent).

About Harbour Energy

Harbour Energy is the largest London-listed independent oil and gas company. Harbour has a leading position in the UK as well as interests in Indonesia, Vietnam, Mexico, and Norway. Harbour’s strategy is to continue to build a global, diversified oil and gas company focused on safe and responsible operations, value creation and shareholder returns. Across its operations Harbour is committed to achieving its goal of net zero greenhouse gas emissions by 2035 with respect to its scope 1 and scope 2 emissions. In addition, Harbour is well positioned to use its existing skills and infrastructure to help deliver the UK’s CCS goals and more broadly the country’s emissions reduction targets.