Loon Awarded Contract Area in Brunei

Brunei - Block L
(Click to Enlarge)
A consortium led by Loon Energy and QAF Brunei Sdn Bhd, has been awarded Block L which covers 2,253 square kilometers (880 square miles) by Brunei National Petroleum Company Sendirian Berhad ("PetroleumBRUNEI") in Brunei Darussalam. The Block is located mostly onshore but partly offshore on the northeastern part of Brunei.. The award is subject to the finalization of a Production Sharing Contract between Loon et al and PetroleumBRUNEI.

Loon commenced its initial evaluation of the potential of Block L during the middle of 2005 and submitted its proposal on January 3, 2006.

Brunei Darussalam is located in south-east Asia on the northern coast of the island of Borneo. It occupies a total area of 5,770 square kilometers of which 5,270 square kilometers is land.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Division Order Analyst - DJ Land Administration
Expertise: Business Analyst|Commercial Management|Landman
Location: Denver, CO
Staff Land Analyst Job
Expertise: Lease Analyst
Location: Houston, TX
Channel Development Manager Job
Expertise: Business Development|Sales
Location: Minneapolis, MN
search for more jobs

Brent Crude Oil : $56.86/BBL 0.76%
Light Crude Oil : $50.66/BBL 0.21%
Natural Gas : $2.959/MMBtu 0.30%
Updated in last 24 hours