South Korean operator Posco has made another significant discovery on its Block A-3 off Myanmar, which is home to the producing Shwe giant gas project.

Posco this time around has delivered with its Mahar wildcat. A drill stem test performed on the Mahar exploration well flowed at around 38 million cubic feet per day of gas.

The operator is already planning to next year appraise this find, which could be exploited utilising the existing Shwe facilities and infrastructure.