EXPLORATION

Global moves into Indonesia

The ever-travelling Global Petroleum executive team has snagged another exploration play, this ti...

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Details remain scant concerning the area involved but a Global announcement said it would support Indonesia company PT KQEB Krisnian Berkati (KKB) in a joint study, which has been approved by the MIGAS director general.

Subject to results, Global will assume 90% of the project for carrying KKB's 10% share of the costs.

Global said it would be visiting the location shortly to look at other field work in the study area.

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