Unocal Corporation (NYSE: UCL) said subsidiary Unocal Ganal Ltd has made a ‘significant’ gas-condensate and oil discovery in offshore East Kalimantan, Indonesia. The field is located in the deepwater Ganal production-sharing contract area, 5.6 km south of the established Ranggas field. The company said: “Gehem-1 is the first of a series of exploration wells that…
