JAKARTA (AFX-ASIA) – PT Medco Energi Internasional said it will acquire 100% of the shares in Petroleum Development Associates Asia LLC (PDA Labuan) for US$6.3 million (56 billion rupiah). Medco said the purchase will give it PDA Labuan’s 60% stake in the Lematang Block, in south Sumatra. The onshore oil and gas block contains one…

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