Apexindo obtains contract from ConocoPhillips

Tuesday, July 8 2014 - 02:01 AM WIB

By Romel S. Gurky

IDX-listed PT Apexindo Pratama Duta Tbk said Monday it has obtained contract from ConocoPhillips (Grissik) Ltd for onshore drilling service at the Suban field, Corridor block in South Sumatra.

The company said that the contract was signed on July 3. It did not provide details.

ConocoPhillips (Grissik) Ltd, a unit of US oil, gas giant ConocoPhillips has a 54% operated interest in the Corridor block, South Sumatra. The block consists of five oil and seven gas fields according Texas-based company?s website. The principal oil-producing fields are Puyuh and Supat, and the principal gas fields are Suban, Sumpal, Dayung and Gelam.

Editing by Reiner Simanjuntak

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