Ancora obtains contract from Chevron

Thursday, August 4 2011 - 02:51 AM WIB

Jakarta-listed PT Ancora Indonesia Resources through its subsidiary PT Bormindo Nusantara obtains a new six-month contract worth US$4.98 million from Chevron..

Ancora President Director Dharma Djojonegoro said that Bormindo would provide drilling and rig leasing services to two oil wells operated by Chevron. He did not provide further details.

?Verbally, we have been named as the winner of the contract. Probably, it would be announced officially next week,? he told Investor Daily on Wednesday. (*)

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