4 September 2008
Announcement of alliance between Uzma Malaysia and Explora Seismic Processing Inc. USAmedia_PR_ESS_Alliance.html

Kuala Lumpur, 19 November 2009 - UZMA Engineering Sdn Bhd’s quest in spreading it’s wings of growth in the region of Inner Mongolia is now imminent with the  successful completion of the Baiyin Chagan Da-9 drilling campaign. The drilling program consist of 5-wells cluster aimed mainly at establishing a pattern for further field development and one strategic well at the neighboring field, Da-13 to extend UZMA’s vision in looking ahead for more opportunities to develop into the future.


The wells that were completed on-schedule were also a testing ground for UZMA as this is the first venture into new territory of on-shore heavy oil. As the field is classified as heavy oil area and the crude has low pour point property, the strategy for completion for this first campaign is to cluster-drill all the wells. This would ensure optimum cost spending on operations and minimize the time required to drill and complete the wells.


The results were positively confirming. Based on the data collected from the drilled wells, all six wells showed several layers of producible, good quality oil sands, subsequently proving the oil in–place (STOIIP) of approximately 65 million barrels calculated and predicted earlier in the drilled fault blocks.

Keeping you up-to-date with happenings in and around Uzma Berhad

FOR IMMEDIATE RELEASE

OIL FIND IN INNER MONGOLIA

Oil Find in Inner Mongolia


Release date

19 November 2009

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Other  Press Releases

11 September 2008
Uzma Berhad Ventures into Inner Mongoliamedia_PR_Inner_Mongolia.html
29 July 2008
More Great Plans after listing | Focus on overseas International Presencemedia_PR_Plans_After_Listing.html
17 June 2008
IPO | Uzma shares fully subscribedmedia_PR_Shares_fully_subscribed.html
30 June 2008
Minister of Finance II Launches UZMA’s Prospectusmedia_PR_Prospectus_Launch_by_FM2.html
20 June 2008
Uzma signs underwriting agreement with Aminvestment Bank Berhadmedia_PR_Underwriting_Agreement_with_AmInvestment.html

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4 December 2008
Uzma - Xodus Collaboration becomes officialmedia_PR_Xodus.html

This few months ahead would be the much awaited as well as the most crucial timing for Uzma and the team. Subject to the availability of equipment (primarily the steam injection and chemical injection equipment) and the severity of the winter conditions in Inner Mongolia, we are looking at the strategic perforation and production from the 6 wells over the next 3-4 months. The results of our perforation and the subsequent production will be made known to the Bursa Malaysia and the public as soon as available.


UZMA’s total investment outlay for the first stage of investment in the Petroleum Operations, including the acquisition of 35% equity stake in the joint venture company is RM4.0 million entered into in September 2008.


About UZMA Group


UZMA Berhad is an international Oil and Gas service company providing an array of services to the upstream sector across the exploration, development and production phases and to the downstream sector for facilities construction, operation and maintenance. Since the year 2000, UZMA has worked with over 50 clients worldwide helping them realize the value of their assets.



With over 100 staff and 300 active consultants across our area of operations in Africa, the Middle East, the Indian Sub-continent, South East Asia and Australasia. UZMA Group provides Geoscience and Reservoir Engineering, Drilling Project Management, Project and Operations Support, Geological Laboratory Services, Wireline Services and Consultancy and Manpower Services from its head quarters in Malaysia and international offices in Miri, Perth, Bangkok, Jakarta and Doha. Uzma Berhad has been listed on Bursa Malaysia’s Main Board since July 2008


For more information on UZMA Group kindly visit www.uzmagroup.com

For media clarification, kindly contact:

Norhayati Sulaiman-Adzhar

Manager, Corporate Branding and Communications

UZMA Berhad

Email : ysl@uzmagroup.com

Tel     : 03- 9232 1111


19 November 2009
Oil find in inner Mongolia