Premier Oil Awarded New Exploration License Offshore Indonesia

Premier Oil has been awarded the Natuna 'Tuna' Block offshore exploration license by the Indonesian Government. Premier will hold a 65% operated equity interest.

The Tuna Block is located adjacent and immediately to the south of Block 7&8/97 in Vietnam in which Premier holds a 45% operated interest, and to the southeast of Blocks 12E/12W in Vietnam where Premier has made the recent significant Dua and Blackbird discoveries.

Simon Lockett, Premier's Chief Executive, commented:
'Premier tracked the geology from its producing Anoa oil field across the Indonesia/Vietnam border into Block 12 last year and made significant oil discoveries. The Tuna Block is an exciting opportunity to leverage our deepening knowledge in this core area'

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Office Manager
Expertise: Asset Management|Operations Management|Secretarial or Administrative
Location: Von Ormy, TX
 
Sr. Analyst - Mobile & Application Development
Expertise: IT - Programming & Database|IT - Software Development|Project Management
Location: Houston, TX
 
Senior Project Manager - Chemicals
Expertise: Project Management
Location: Greenville, SC
 
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours