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Article: Thailand : Thai PTTEP to get Australian Oliver block licence.

Article from:
TendersInfo
Article date:
October 28, 2009
Copyright

Byline: manish03

ThailandThailand's PTT Exploration and Production PTTE.BK (PTTEP) said on Monday a subsidiary had signed a deal with Australian companies for an exploration licence in the AC/P33 or Oliver block in the Timor Sea for $35 million.

PTTEP Australasia (Ashmore Cartier) Pty Ltd. said in a statement it had signed the agreement with Albers Group and Stuart Petroleum Ltd, an operator of the block, located in the Timor Sea off northwest Australia.

The block covers an area of 421 square km and is about 40 km from PTTEP's existing ...

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