JAKARTA (AFX-ASIA) – Oil and gas firm PT Medco Energi Internasional will go through with its planned acquisition of four oil and gas blocks within one month, Bisnis Indonesia reported citing company director Sugiharto. The company will use the proceeds from its US$250 million bond issue last May to finance the acquisition, Mr Sugiharto said….
INDONESIA: Medco Energi to complete acquisition of 4 oil/gas blocks
Posted on October 17, 2003 by EnergyAsia