Devon says assets sale draws interests

The plan of US Oil and gas firm Devon Energy to sell its Indonesian assets had drawn many potential bidders, according to its Indonesian unit executive.

?The planned sale has drawn a lot of attention from interested parties, ? said Larry Leavell, devon Indonesia?s president Wednesday.

Leavell, however, decline to provide details.

Devon has set February 22 as a deadline to submit bid.

Separately An executive from state owned oil and gas firm Pertamina told petromindo.Com on Wednesday that aside from Pertamina oil companies such as Singapore?s SPC, Malaysia?s Petronas, Japan?s INPEX, China?s CNOOC and several US based oil companies are also known to to be interested to acquire Devon?s assets.

Devon operates, and has a 30 percent stake, in the Jabung block in South Sumatra. It has interests in the nearby South Jambi Block B gas project operated by Gulf Indonesia Resources Ltd.

Devon is also a 35 percent interest holder and operator of Bangko exploration block onshore South Sumatra.

In East Java, Devon operates and holds 25 percent working interest in Tuban joint operating body (JOB).

The company also operates two oil fields in Papua. (alex/godang)