Apexindo secures $16m CBM drilling contract

Thursday, September 30 2010 - 11:07 PM WIB

IDX-listed drilling company PT Apexindo Pratama Duta Tbk said its onshore Drilling Rig#14 has secured US$16 million contract with Indonesian unit of US giant Exxon Mobil Corp.

The company said the rig was currently being prepared for ExxonMobil-Indobarambai coal-bed methane located in South Kalimantan. (alex)

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