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BREAKING NEWS: Pertamina rejects extension of Exxon Mobil?s contract on Cepu oil block

Wednesday, October 2 2002 - 06:32 AM WIB

Eteng A Salam deputy director upstream Pertamina said Wednesday Pertamina will not extent ExxonMobil?s Cepu Block contract after expiration in 2010.

"Pertamina has decided not to extend ExxonMobil?s Cepu TAC contract but we still open to possibility of another form of cooperation with ExxonMobil," he said. (alex/godang)

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