CS Mutiara Petroleum Sdn Bhd, a 50/50 joint venture company between PETRONAS Carigali Sdn Bhd and Shell Exploration and Production Malaysia B.V., has made another gas discovery in Block PM301, off the northeast coast of Peninsular Malaysia. Drilling operations on Bumi South-1 well commenced on 25 February 2005. The exploration well, located in a water depth of 55 m was drilled to a total depth of 1650 m and encountered multiple gas zones. Further technical evaluation is required to determine the reserves. Bumi South-1 is the fourth discovery in Block PM301, following the recent exploration successes of Bunga Kamelia, Bunga Zetung and Bunga Anggerik. The latest discovery is located about 25 kilometres northwest of the Bunga Anggerik gas field discovered in November 2004.