Vietnam Overlooks Exploration Extension Request Offshore Vietnam

SOCO International was informed that the Vietnam Government's Ministry of Industry and Trade was not supportive of an extension to the Te Giac Den Appraisal Area license. However, the Hoang Long Joint Operating Company (JOC), operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, intends to pursue the extension request. Located in the Cuu Long Basin offshore Vietnam, the TGD field lies in 164 feet (50 meters) of water.

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