Australian upstream company Santos Limited said it has acquired a 20% non-operated interest in two deep-water exploration permits off-shore Indonesia. The acquisition affirms Santos’ strategy to adding exploration acreage and building its Southeast Asian energy business. The Popodi and Papalang Production Sharing Contract (PSC) areas lie in the deepwater portion of the Kutei Basin, offshore…
AUSTRALIA: Santos takes 20% stake in two deep-water permits in offshore Indonesia
Posted on June 12, 2003 by EnergyAsia