Ancora unit bags two drilling contracts from CPI
Monday, July 2 2012 - 09:03 AM WIB
By Romel S. Gurky
IDX-listed firm PT Ancora Indonesia Resources said its 60-percent-owned subsidiary PT Bormindo Nusantara had secured two onshore drilling contracts worth more than US$8 million from PT Chevron Pacific Indonesia (CPI).
In a filing to the Indonesian Stock Exchange, Ancora said Bormindo received the official tender winner letter from CPI on June 27. Each contract is worth US$4.02 million.
No further details are available of the filing. Bormindo is a company specializing in providing oil and gas support services.
Editing by Dadan Wijaksana