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Saturday, September 12, 2009

Pertamina, Petronas get rights to drill

JAKARTA - PT Pertamina and Talisman Energy Inc won rights to drill for crude oil and natural gas in Indonesian areas as SOuth-East Asia's biggest crude producer seeks new reserves to replace aging fields.

Pertamina and partner, Petronas Carigali Overseas Sdn Bhd won the rights to jointly develop West Glagah Kambuna block off the coast of Sumatra. Talisman's unit won the rights to develop the Andaman III field.

- Bloomberg

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