Article: Indonesia : Apexindo Obtained an Onshore Drilling Contract from Vico Indonesia Valued at Approx. USD 27 Million Apexindo Obtained an Onshore Drilling Contract from Vico Indonesia Valued at Approx.

Byline: manish03

PT Apexindo Pratama Duta Tbk ( Apexindo / the Company ) has received an appointment letter from VICO Indonesia (VICO) to undertake an onshore drilling project in Nilam, East Kalimantan, Indonesia. Apexindo obtain a drilling project confirmation for Rig 5 valued at approximately USD 27 million for a firm period of 1 (one) year with optional period of another 1 (one) year, thus the contract will end at the end of 2010.

Hertriono Kartowisastro, Apexindo s President ...

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