The company is participating in the drilling of two simultaneous exploration wells - Ca Ngu-1 in Block 120 and Cua Lo-1 in Block 105.

Neon said on Wednesday that, in relation to Ca Ngu-1, "operations to date have been affected by exceptionally severe weather and related ocean conditions".

"Neon understands that the region’s typhoon season is now over, and anticipates that operations can now progress as originally planned."

Joint