(EnergyAsia, December 8) — Exxon Mobil Corp said its subsidiary, Esso Exploration International Limited, and Mitra Energy Limited (MEL) have entered into an agreement to explore for hydrocarbons in the deepwater Sandakan Basin southwest of the Philippine Islands. Under terms of the recently signed farm-in agreement, an ExxonMobil affiliate has acquired a 50% operating interest…
PHILIPPINES: ExxonMobil enters into farm-in agreement to explore deepwater potential site
Posted on December 8, 2006 by EnergyAsia