JAKARTA (AFX-ASIA) – PT Medco Energi Internasional has signed a memorandum of understanding to acquire stakes in two oil fields in Papua, namely Yapen oil field (owned by Apex Ltd) and Rombe Rai block (Ramu International Ltd), chief financial officer Sugiharto said. “We signed the MOUs on Aug 23 and 26,” Bisnis Indonesia cited Mr…
INDONESIA: Medco Energy signs MOUs to acquire two oil fields in Papua
Posted on September 10, 2002 by EnergyAsia